Amendment No. CA15

Conference Committee Amendment to Senate Bill No. 322 Second Reprint (BDR 10-1234)

Proposed by: First Conference Committee

Amendment Box:

Resolves Conflicts with: N/A

Amends: Summary: Title: Preamble: Joint Sponsorship:

ASSEMBLY ACTION Initial and Date | SENATE ACTION Initial and Date

Adopted Lost | Adopted Lost

Concurred In Not | Concurred In Not

Receded Not | Receded Not

Amend section 1, page 1, line 2, by deleting "7," and inserting "8,".

Amend the bill as a whole by deleting sec. 9, renumbering sec. 8 as sec. 9 and adding a new section designated sec. 8, following sec. 7, to read as follows:

"Sec. 8. 1. A time share must not be advertised or offered for resale within this state until the advertisement or offering is approved by the division.

2. Each advertisement must contain the processing number assigned to it by the division.

3. Each application for the approval of advertising must include:

(a) The form and content of advertising to be used;

(b) The nature of the offer of gifts or other free benefits to be extended; and

(c) The nature of promotional meetings involving any person or act described in NRS 119A.300.

4. The division shall render a decision upon an application for the approval of advertising or an offer for resale within 30 days after the date the application is filed.".