Nevada § 119A.340 - Issuance of permit before completion of project
Full text of Nevada Nevada Revised Statutes § 119A.340 — Issuance of permit before completion of project, with citation guidance and answers to common questions.
§ 119A.340. Issuance of permit before completion of project
If a project has not been completed before the issuance of a permit to sell time shares,
the public offering statement must state the estimated date of completion and: 1. The developer shall establish to the satisfaction of the Administrator that a bond
has been issued in an amount necessary to assure completion of the project free of
any liens, which remains in effect until the project is completed free of all liens; 2. A cash deposit to cover the estimated costs of completing the project must be deposited
with an escrow agent under an agreement which is approved by the Administrator; or 3. The developer shall make any other arrangement which is approved by the Administrator
and necessary to safeguard the interests of the public.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 119A.340
What does Nevada Revised Statutes § 119A.340 cover?
Section 119A.340 ("Issuance of permit before completion of project") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 119A.340?
A common citation format is "Nevada Revised Statutes § 119A.340" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 119A.340 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.