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EXHIBIT 21.1
SUBSIDIARIES OF THE REGISTRANT
The corporations listed below in bold type are the direct wholly owned
subsidiaries of the Registrant as of the date of this filing. Listed below
National American Corporation in regular type are its wholly owned subsidiaries.
COAST FINANCIAL SERVICES, INC.
LEISURE TIME RESORTS OF AMERICA, INC.
NATIONAL AMERICAN CORPORATION
Beech Mountain Lakes Corporation
Carolina Landing Corporation
Carriage Manor Corporation
Cherokee Landing Corporation
Chief Creek Corporation
Dixie Resort Corporation
Foxwood Corporation
G.L. Land Development Corporation
Lake Royale Corporation
Lake Tansi Village, Inc.
LML Resort Corporation
Natchez Trace Wilderness Preserve Corporation
Quail Hollow Plantation Corporation
Quail Hollow Village, Inc.
Recreation Land Corporations
Recreation Properties, Inc.
Resort Land Corporation
Tansi Resort, Inc.
The Kinston Corporation
The Villas of Hickory Hills, Inc.
Western Fun Corporation
Wolf Run Corporation
RESORT PARKS INTERNATIONAL, INC.
THOUSAND TRAILS (CANADA), INC.
THOUSAND TRAILS MANAGEMENT SERVICES, INC.
YUBA INVESTMENT COMPANY
