Nebraska § 76-1726 Commission; notice of suspension; conditions; cease and desist order; revocation order

Nebraska Statutes

§ 76-1726 — Commission; notice of suspension; conditions; cease and desist order; revocation order

Nebraska § 76-1726

Ch. 76Real Property

This text of Nebraska § 76-1726 (Commission; notice of suspension; conditions; cease and desist order; revocation order) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 76-1726 (2026).

Text

(1)The commission, after notice and hearing, may issue a notice of suspension if any of the following conditions exist:

(a)Any representation in any document or information filed with the commission is false or misleading;

(b)Any developer or agent of the developer has engaged or is engaging in any unlawful act or practice;

(c)Any developer or agent of the developer has disseminated or caused to be disseminated orally or in writing any false or misleading promotional materials in connection with a time-share program;

(d)Any developer or agent of the developer has concealed, diverted, or disposed of any funds or assets of any person in a manner impairing rights of purchasers of time-share intervals in the time-share program;

(e)Any developer or agent of the developer has failed to per

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(1) The commission, after notice and hearing, may issue a notice of suspension if any of the following conditions exist:
(a) Any representation in any document or information filed with the commission is false or misleading;
(b) Any developer or agent of the developer has engaged or is engaging in any unlawful act or practice;
(c) Any developer or agent of the developer has disseminated or caused to be disseminated orally or in writing any false or misleading promotional materials in connection with a time-share program;
(d) Any developer or agent of the developer has concealed, diverted, or disposed of any funds or assets of any person in a manner impairing rights of purchasers of time-share intervals in the time-share program;
(e) Any developer or agent of the developer has failed to perform any stipulation or agreement made to induce the commission to issue an order relating to the time-share program; or
(f) Any developer or agent of the developer has otherwise violated any provision of the Nebraska Time-Share Act or the commission's rules and regulations or orders.
(2) The commission may issue a cease and desist order if the developer has not registered the time-share program as required by the act.
(3) The commission, after notice and hearing, may issue an order revoking the registration of a time-share program upon determination that a developer or agent of the developer has failed to comply with a notice of suspension issued by the commission affecting the time-share program.