Nevada § 463.5737 Removal or modification of employment of employee, director or manager who is found unsuitable or whose license is denied or revoked; licensing of successor

Nevada Statutes

§ 463.5737 — Removal or modification of employment of employee, director or manager who is found unsuitable or whose license is denied or revoked; licensing of successor

Nevada § 463.5737

Title 41GAMING; HORSE RACING; SPORTING EVENTS

Ch. 463Licensing

Limited-Liability Companies Generally

This text of Nevada § 463.5737 (Removal or modification of employment of employee, director or manager who is found unsuitable or whose license is denied or revoked; licensing of successor) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 463.5737 (2026).

Text

1. If a person who is an employee, a director or a manager of a limited-liability company which holds a license is required to be licensed individually, and the person:

(a)Does not apply for a license within 30 days after the Commission requests the person to do so, and the Commission makes a finding of unsuitability for that reason;

(b)Is denied a license; or

(c)Has his or her license revoked by the Commission, Ê the limited-liability company for whom the person is a manager or director or by whom the person is employed shall, upon receiving notice by registered or certified mail from the Commission, remove the person as a director or manager or modify the person’s employment so that the person no longer serves in a capacity for which the person is required to be licensed, and shall no

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1. If a person who is an employee, a director or a manager of a limited-liability company which holds a license is required to be licensed individually, and the person:
(a) Does not apply for a license within 30 days after the Commission requests the person to do so, and the Commission makes a finding of unsuitability for that reason;
(b) Is denied a license; or
(c) Has his or her license revoked by the Commission,
Ê the limited-liability company for whom the person is a manager or director or by whom the person is employed shall, upon receiving notice by registered or certified mail from the Commission, remove the person as a director or manager or modify the person’s employment so that the person no longer serves in a capacity for which the person is required to be licensed, and shall not allow the person to exercise a significant influence over the limited-liability company’s operation of a gaming establishment.
2. If the limited-liability company designates another employee, director or manager to replace the employee, director or manager whose employment was modified or who was removed as a director or manager, it shall promptly notify the Commission and require the newly designated employee, director or manager to apply for a license.