The Membership Campground Act shall not apply to the following transactions: (1) The offer, sale, or transfer by any one person of not more than one membership camping contract in any twelve-month period; (2) The offer or sale by a government, government agency, or other subdivision of government; (3) The bona fide pledge of a membership camping contract; and (4) Transactions subject to regulation pursuant to the Nebraska Time-Share Act.
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