NRS 119A.030
“Affiliate of the developer” defined.

“Affiliate of the developer” means any person who controls, is controlled by or is under common control with a developer, including a person who:

1.

Is a general partner, officer, director or employer of the developer;

2.

Directly or indirectly or acting in concert with one or more other persons, or through one or more subsidiaries, owns, controls, holds with the power to vote, or holds proxies representing more than 20 percent of the voting interest in the developer;

3.

Controls the election of a majority of the directors of the developer; or

4.

Has contributed more than 20 percent of the capital of the developer.

Source: Section 119A.030 — “Affiliate of the developer” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-119A.­html#NRS119ASec030.

119A.010
Definitions. 119A.020
“Administrator” defined. 119A.030
“Affiliate of the developer” defined. 119A.031
“Affiliate of the manager” defined. 119A.032
“Association” defined. 119A.033
“Blanket encumbrance” defined. 119A.034
“Board” defined. 119A.035
“Branch office” defined. 119A.036
“Common area” defined. 119A.038
“Component site” defined. 119A.040
“Developer” defined. 119A.041
“Developer’s reserved rights” defined. 119A.050
“Division” defined. 119A.052
“Limited common area” defined. 119A.054
“Manager” defined. 119A.055
“Material change” defined. 119A.056
“Owner” defined. 119A.058
“Permanent identifying number” defined. 119A.060
“Permit” defined. 119A.070
“Person” defined. 119A.080
“Project” defined. 119A.090
“Project broker” defined. 119A.100
“Public offering statement” defined. 119A.110
“Purchaser” defined. 119A.120
“Representative” defined. 119A.130
“Sales agent” defined. 119A.133
“Sales and marketing entity” defined. 119A.137
“Statement of record” defined. 119A.140
“Time share” defined. 119A.150
“Time-share instrument” defined. 119A.152
“Time-share plan” defined. 119A.153
“Time-share resale” defined. 119A.156
“Time-share resale broker” defined. 119A.160
“Unit” defined. 119A.172
Applicability of provisions relating to real estate brokers and sales agents to certain owners who refer prospective purchasers to developer or association or to employee or agent of developer or association. 119A.174
Applicability of local ordinances, regulations and building codes. 119A.180
Classification of interest of purchaser. 119A.190
Regulations 119A.195
Authority for Division to conduct business electronically 119A.200
Limitation on licensing by local governments.
Last Updated

Jun. 24, 2021

§ 119A.030’s source at nv​.us