Nevada § 119A.355 - Renewal of permit
Full text of Nevada Nevada Revised Statutes § 119A.355 — Renewal of permit, with citation guidance and answers to common questions.
§ 119A.355. Renewal of permit
1. A permit must be renewed annually by the developer by filing an application with
and paying the fee for renewal to the Administrator. The application must be filed and the fee paid not later than 30 days before the
date on which the permit expires. The application must include the budget of the association and any material change
that has occurred in the information previously provided to the Administrator or in
a public offering statement provided to a prospective purchaser pursuant to the provisions
of NRS 119A.400 . 2. The renewal of a permit with no material changes to the public offering statement
is effective on the 30th day after the filing of the application unless the Administrator: (a) Issues a written denial of the renewal pursuant to NRS 119A.654 describing the reasons for denial in sufficient detail to allow the developer to
correct the deficiencies; or (b) Approves the renewal on an earlier date. 3. The Division shall, within 30 days after the receipt of evidence that the deficiencies
in the application for renewal of a permit to sell time shares are corrected, renew
the permit to sell time shares or deny the renewal and list the specific reasons for
denial. 4. If the Administrator fails to take any action described in subsection 3, the renewal
of the permit to sell time shares shall be deemed issued by the Division.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 119A.355
What does Nevada Revised Statutes § 119A.355 cover?
Section 119A.355 ("Renewal of permit") 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.355?
A common citation format is "Nevada Revised Statutes § 119A.355" (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.355 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.