reglab/statecodes huggingface dataset:
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.568 - Registration with Board; required information.

The limited partnership which applies for a state gaming license shall register as a limited partnership with the Board, and shall provide the following information to the Board:
1. The organization, financial structure and nature of the business to be operated, including:
(a) The names and personal history of all general partners and key employees;
(b) A complete set of the fingerprints of all general partners and key employees which the Board may forward to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for its report; and
(c) The name, address and interest of each limited partner.
2. The rights, privileges and relative priorities of limited partners as to the return of contributions to capital, and the right to receive income.
3. The terms on which limited partnership interests are to be offered.
4. The terms and conditions of all outstanding loans, mortgages, trust deeds, pledges or any other indebtedness or security device.
5. The extent of the holding in the limited partnership of all underwriters, and their remuneration as compensation for services, in the form of salary, wages, fees or otherwise.
6. Remuneration to persons other than general partners exceeding $30,000 per annum.
7. Bonus and profit-sharing arrangements.
8. Management and service contracts.
9. Options existing, or to be created.
10. Balance sheets for at least the 3 preceding fiscal years or, if the limited partnership has not been in existence for 3 years, balance sheets from the time of its formation. All balance sheets must be certified by independent public accountants certified or registered in this state.
11. Profit and loss statements for at least the 3 preceding fiscal years or, if the limited partnership has not been in existence for 3 years, profit and loss statements from the time of its formation. All profit and loss statements must be certified by independent public accountants certified or registered in this state.
12. Any further financial data which the Board may deem necessary or appropriate for the protection of the State of Nevada, or licensed gambling, or both.
(Added to NRS by 1979, 1522; A 2003, 2853)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.569 - Individual licensing and registration of partners and other persons; regulations.

1. Every general partner of, and every limited partner with more than a 5 percent ownership interest in, a limited partnership which holds a state gaming license must be licensed individually, according to the provisions of this chapter, and if, in the judgment of the Commission, the public interest will be served by requiring any other limited partners or any or all of the limited partnership’s lenders, holders of evidence of indebtedness, underwriters, key executives, agents or employees to be licensed, the limited partnership shall require those persons to apply for a license in accordance with the laws and requirements in effect at the time the Commission requires the licensing. Publicly traded corporations which are limited partners of limited partnerships are not required to be licensed, but shall comply with NRS 463.635 to 463.645, inclusive. A person who is required to be licensed by this section as a general or limited partner shall not receive that position until the person secures the required approval of the Commission. A person who is required to be licensed pursuant to a decision of the Commission shall apply for a license within 30 days after the Commission requests the person to do so.
2. All limited partners seeking to hold a 5 percent or less ownership interest in a limited partnership, other than a publicly traded limited partnership, which hold or apply for a state gaming license, must register in that capacity with the Board and submit to the Board’s jurisdiction. Such registration must be made on forms prescribed by the Chair of the Board. The Chair of the Board may require a registrant to apply for licensure at any time in the Chair’s discretion.
3. The Commission may, with the advice and assistance of the Board, adopt such regulations as it deems necessary to carry out the provisions of subsection 2.
(Added to NRS by 1979, 1522; A 1997, 3504; 2011, 210; 2013, 2108, 3311)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.571 - Required reports and statements; income tax return.

1. After licensing pursuant to NRS 463.569, the limited partnership shall:
(a) Report to the Board and Commission in writing any change in personnel who have been designated by the Board or Commission as key executives.
(b) Furnish the Board an annual profit and loss statement and an annual balance sheet.
2. The Commission may require that any limited partnership furnish the Board with a copy of its federal income tax return within 30 days after the return is filed with the Federal Government.
(Added to NRS by 1979, 1523)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.572 - Termination of employment of employee found unsuitable or whose license is denied or revoked; licensing of successor.

1. If an employee of a limited partnership licensee who is required to be licensed individually:
(a) Does not apply for a license within 30 days after the Commission requests the employee 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,
the limited partnership gaming licensee by whom the employee is employed shall terminate his or her employment upon notification by registered or certified mail to the limited partnership of that action.
2. If the limited partnership licensee designates another employee to replace the employee whose employment was terminated, it shall promptly notify the Commission and cause the newly designated employee to apply for a gaming license.
(Added to NRS by 1979, 1523)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.573 - Policy of State; waiver of requirements.

1. The policy of the State of Nevada with respect to the issuance of licenses to limited-liability companies is:
(a) To broaden the opportunity for investment in gaming through the pooling of capital in limited-liability companies.
(b) To maintain effective control over the conduct of gaming by limited-liability companies.
(c) To restrain any speculative promotion of interests in a limited-liability company in gaming enterprises.
2. The Commission may waive, either selectively or by general regulation, one or more of the requirements of NRS 463.5731 to 463.5737, inclusive, if it makes a written finding that a waiver is consistent with the state policy set forth in NRS 463.0129 and this section.
(Added to NRS by 1993, 1993)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.5731 - Qualifications for state gaming license.

In order to be eligible to receive a license, a limited-liability company must:
1. Maintain an office of the limited-liability company on the licensed premises;
2. Comply with all of the requirements of the laws of this State pertaining to limited-liability companies; and
3. Maintain a ledger in the principal office of the limited-liability company in this State, which must:
(a) At all times reflect the ownership of all interests in the limited-liability company; and
(b) Be available for inspection by the Board, Commission and their authorized agents, at all reasonable times without notice.
(Added to NRS by 1993, 1994; A 2007, 1116)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.57325 - Prior approval by Chair of Board required to hold option to purchase interest in limited-liability company or to dispose of existing option to acquire such interest; review of denial of approval.

1. The purported granting of an option to purchase any interest in a limited-liability company which holds a state gaming license or which is a holding company or an intermediary company for an entity that holds a state gaming license or the purported sale, assignment, transfer, pledge or other disposition of an existing option to acquire such an interest is void unless administratively approved in advance by the Chair of the Board.
2. A request for administrative approval pursuant to subsection 1 must:
(a) Be made on forms approved by the Chair of the Board; and
(b) To the extent consistent with this section, be considered in all respects as an application.
3. The Chair of the Board may refer a request for administrative approval to the Board and Commission for consideration or deny the request for administrative approval for any reasonable cause. A denial may be submitted for review by the Board and Commission in the manner set forth by the regulations of the Commission pertaining to the review of administrative approval decisions.
4. The Commission, upon recommendation by the Board, may require a person to apply for a finding of suitability to hold an option to purchase such an interest.
(Added to NRS by 2003, 20th Special Session, 3; A 2007, 1116)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.5733 - Prior approval by Commission required for other disposition of interest in limited-liability company; restrictions on unsuitable persons; statement on certificate.

1. The purported sale, assignment, transfer, pledge, exercise of an option to purchase, or other disposition of any interest in a limited-liability company which holds a state gaming license or which is a holding company or an intermediary company for an entity that holds a state gaming license is void unless approved in advance by the Commission.
2. If at any time the Commission finds that a member is unsuitable to hold an interest in a limited-liability company, the Commission shall immediately notify the limited-liability company of that fact. The limited-liability company shall, within 10 days after it receives the notice from the Commission, return to the member, in cash, the amount of the member’s capital account as reflected on the books of the company.
3. Except as otherwise provided in subsection 2, beginning on the date when the Commission serves notice of a determination of unsuitability pursuant to subsection 2 upon the limited-liability company, it is unlawful for the unsuitable member:
(a) To receive any share of the distribution of profits of the limited-liability company or any payments upon dissolution of the company;
(b) To exercise any voting right conferred by the member’s interest in the limited-liability company;
(c) To participate in the management of the limited-liability company; or
(d) To receive any remuneration in any form from the limited-liability company, for services rendered or otherwise.
4. The articles of organization of any limited-liability company holding a state gaming license must contain a statement of the restrictions imposed by this section.
(Added to NRS by 1993, 1994; A 1997, 3504; 2003, 20th Special Session, 14; 2007, 1116)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.5734 - Registration with Board; required information.

A limited-liability company which applies for a license shall register as a limited-liability company with the Board, and shall provide the following information to the Board:
1. The organization, financial structure and nature of the business to be operated, including:
(a) The names and personal history of each director, manager, member and key employee; and
(b) A complete set of the fingerprints of each director, manager, member and key employee which the Board may forward to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for its report.
2. The rights, privileges and relative priorities of the members as to the return of contributions to capital and the right to receive distribution of profits.
3. The terms on which interests in the limited-liability company are to be offered.
4. The terms and conditions of all outstanding loans, mortgages, trust deeds, pledges and any other indebtedness or security device.
5. The extent of the holding in the limited-liability company of all underwriters, and their remuneration as compensation for services, in the form of salary, wages, fees or otherwise.
6. Remuneration to persons other than directors and managers exceeding $30,000 per annum.
7. Bonus and profit-sharing arrangements.
8. Management and service contracts.
9. Options existing, or to be created.
10. Balance sheets for at least the 3 preceding fiscal years or, if the limited-liability company has not been in existence for 3 years, balance sheets from the time of its formation. All balance sheets must be certified by independent public accountants certified or registered in this state.
11. Profit and loss statements for at least the 3 preceding fiscal years or, if the limited-liability company has not been in existence for 3 years, profit and loss statements from the time of its formation. All profit and loss statements must be certified by independent public accountants certified or registered in this state.
12. Any further financial data which the Board may deem necessary or appropriate for the protection of the State of Nevada, or licensed gambling, or both.
(Added to NRS by 1993, 1994; A 2001, 897; 2003, 2853)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.5735 - Individual licensing and registration of members, directors, managers and other persons; regulations.

1. Every member and transferee of a member’s interest with more than a 5 percent ownership interest in a limited-liability company, and every director and manager of a limited-liability company which holds or applies for a state gaming license, must be licensed individually according to the provisions of this chapter.
2. All members seeking to hold a 5 percent or less ownership interest in a limited-liability company, other than a publicly traded limited-liability company, which hold or apply for a state gaming license, must register in that capacity with the Board and submit to the Board’s jurisdiction. Such registration must be made on forms prescribed by the Chair of the Board. The Chair of the Board may require a registrant to apply for licensure at any time in the Chair’s discretion.
3. If, in the judgment of the Commission, the public interest will be served by requiring any members with a 5 percent or less ownership interest in a limited-liability company, or any of the limited-liability company’s lenders, holders of evidence of indebtedness, underwriters, key executives, agents or employees to be licensed:
(a) The limited-liability company shall require those persons to apply for a license in accordance with the laws and requirements in effect at the time the Commission requires the licensing; and
(b) Those persons shall apply for a license within 30 days after being requested to do so by the Commission.
4. A publicly traded corporation which is a member of a limited-liability company is not required to be licensed, but shall comply with NRS 463.635 to 463.645, inclusive.
5. No person may become a member or a transferee of a member’s interest in a limited-liability company which holds a license until the person secures the required approval of the Commission.
6. A director or manager of a limited-liability company shall apply for a license within 30 days after assuming office.
7. The Commission may, with the advice and assistance of the Board, adopt such regulations as it deems necessary to carry out the provisions of subsection 2.
(Added to NRS by 1993, 1995; A 1997, 3505; 2001, 898; 2011, 210; 2013, 2108, 3311)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.5736 - Required reports and statements; income tax returns.

1. After licensing pursuant to NRS 463.5735, a limited-liability company shall:
(a) Report to the Board and Commission in writing any change in personnel who have been designated by the Board or Commission as key executives.
(b) Furnish the Board an annual profit and loss statement and an annual balance sheet.
2. The Commission may require that a limited-liability company furnish the Board with a copy of its federal income tax return within 30 days after the return is filed with the Federal Government.
(Added to NRS by 1993, 1996)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 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.

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,
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.
(Added to NRS by 1993, 1996; A 2001, 898)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.575 - Applicability of NRS 463.575 to 463.615, inclusive; exemption for publicly traded corporation.

NRS 463.575 to 463.615, inclusive, apply to every holding company or intermediary company except a publicly traded corporation which has been exempted from the operation of all or some of the provisions of such sections pursuant to NRS 463.625.
(Added to NRS by 1969, 366)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.595 - Individual licensing of officers, employees and other persons; removal from position if found unsuitable or if license is denied or revoked; suspension of suitability by Commission.

1. Each officer, employee, director, partner, principal, manager, member, trustee or direct or beneficial owner of any interest in any holding company or intermediary company, who the Commission determines is or is to become engaged in the administration or supervision of, or any other significant involvement with, the activities of a licensee, must be found suitable therefor and may be required to be licensed by the Commission.
2. If any officer, employee, director, partner, principal, manager, member, trustee or direct or beneficial owner required to be found suitable pursuant to subsection 1 fails to apply for a finding of suitability or a gaming license within 30 days after being requested so to do by the Commission, is not found suitable or is denied a license by the Commission, or if his or her license or the finding of his or her suitability is revoked after appropriate findings by the Commission, the holding company or intermediary company, or both, shall immediately remove that person from any position in the administration or supervision of, or any other significant involvement with, the activities of a licensee. If the Commission suspends the suitability or license of any officer, employee, director, partner, principal, manager, member, trustee or owner, the holding company or intermediary company, or both, shall, immediately and for the duration of the suspension, suspend the person from performing any duties in administration or supervision of the activities of the licensee and from any other significant involvement therewith.
(Added to NRS by 1969, 368; A 1977, 1439; 1993, 2006)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.605 - Information required if corporation or other business organization is or becomes subsidiary.

If a corporation, partnership, limited partnership, limited-liability company or other business organization applying for or holding a license is or becomes a subsidiary, each holding company and intermediary company shall furnish the Board the following information:
1. The organization, financial structure and nature of the business it operates.
2. The terms, position, rights and privileges of the different classes of securities outstanding.
3. The terms on which its securities are to be, and during the preceding 3 years have been, offered to the public or otherwise.
4. The terms and conditions of all outstanding loans, mortgages, trust deeds, pledges or any other indebtedness or security device pertaining to the gaming licensee.
5. The extent of the security holding or other interest in the holding company or intermediary company of all officers, employees, directors, underwriters, partners, principals, managers, members, trustees or any direct or beneficial owner, and any remuneration as compensation for their services, in the form of salary, wages, fees, or by contract, pertaining to the gaming licensee.
6. Remuneration to others than directors and officers exceeding $40,000 per annum.
7. Bonus and profit-sharing arrangements.
8. Management and service contracts.
9. Options existing or to be created in respect of their securities or other interests.
10. Balance sheets, certified by independent certified public accountants, for not more than the 3 preceding fiscal years, or, if the holding company or intermediary company has not been in existence more than 3 years, balance sheets from the time of its establishment.
11. Profit and loss statements, certified by independent certified public accountants, for not more than the 3 preceding fiscal years, or, if the holding company or intermediary company has not been in existence more than 3 years, profit and loss statements from the time of its establishment.
12. Any further financial statements which the Board may deem necessary or appropriate for the protection of the State of Nevada, licensed gambling, or both.
13. An annual profit and loss statement and an annual balance sheet, and a copy of its annual federal income tax return, within 30 days after such return is filed with the Federal Government.
(Added to NRS by 1969, 368; A 1975, 694; 1993, 2006)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.615 - Penalties for noncompliance with laws and regulations.

If any corporation, partnership, limited partnership, limited-liability company or other business organization holding a license or if any holding company or intermediary company with respect thereto, does not comply with the laws of this state and the regulations of the Commission, the Commission may, in its discretion, do any one, all or a combination of the following:
1. Revoke, limit, condition or suspend the license of the corporation, partnership, limited partnership, limited-liability company or other business organization; or
2. Fine the persons involved, or the corporation, partnership, limited partnership, limited-liability company or other business organization holding a license or such holding company or intermediary company,
in accordance with the laws of this state and the regulations of the Commission.
(Added to NRS by 1969, 369; A 1979, 1529; 1993, 2007)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.621 - Legislative declaration.

The Legislature hereby declares that:
1. Some corporate acquisitions opposed by management, repurchases of securities and corporate defense tactics affecting corporate gaming licensees and publicly traded corporations that are affiliated companies can constitute business practices which may be injurious to stable and productive corporate gaming.
2. A regulatory scheme established to ameliorate the potential adverse effects of these business practices upon the gaming industry must be properly developed to balance the interests of Nevada gaming, interstate commerce and federal regulation of securities.
3. A regulatory scheme established to ameliorate the potential adverse effects of these business practices upon the gaming industry may best be accomplished by the adoption and enforcement of regulations by the Nevada Gaming Commission.
(Added to NRS by 1987, 1742)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.622 - Policy of State.

The policy of the State of Nevada with respect to corporate affairs, including, without limitation, corporate acquisitions, repurchases of securities and corporate recapitalizations affecting corporate licensees and publicly traded corporations that are affiliated companies is to:
1. Assure the financial stability of corporate licensees and affiliated companies;
2. Protect the continued integrity of corporate gaming in matters of corporate governance;
3. Preserve the beneficial aspects of conducting business in the corporate form; and
4. Promote a neutral environment for the orderly governance of corporate affairs that is consistent with the public policy of this state concerning gaming.
(Added to NRS by 1987, 1743; A 2019, 1281)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.623 - Regulations concerning certain corporate acquisitions, repurchases of securities and corporate defense tactics.

1. The Commission shall adopt regulations providing for the review and approval of corporate acquisitions opposed by management, repurchases of securities and corporate defense tactics affecting corporate gaming licensees and publicly traded corporations that are affiliated companies. The regulations must be consistent with:
(a) The policy of this state as expressed in this chapter;
(b) The provisions of this chapter;
(c) The requirements of the Constitution of the United States; and
(d) Federal regulation of securities.
2. The regulations must include, without limitation:
(a) Procedures by which a person, before engaging in certain proscribed activities, directly or indirectly, to materially influence or affect the affairs of a publicly traded corporation that is registered with the Commission, must file an application for a finding of suitability pursuant to NRS 463.643;
(b) Provisions that determine which corporate activities, in addition to those described in subsection 6 of NRS 463.643, influence or affect the affairs of a corporation in such a way that the Commission would require a person to file an application for a finding of suitability pursuant to NRS 463.643; and
(c) Provisions that ensure that a person is not unduly prohibited from lawfully exercising any of his or her voting rights derived from being a shareholder of a publicly traded corporation.
(Added to NRS by 1987, 1743; A 2019, 1281)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.625 - Exemptions from certain requirements; compliance with NRS 463.635 to 463.645, inclusive.

The Commission may exempt a publicly traded corporation from compliance with any of the provisions of NRS 463.575 to 463.615, inclusive. To the extent of such an exemption, the corporation shall comply instead with the provisions of NRS 463.635 to 463.645, inclusive, except as otherwise ordered by the Commission.
(Added to NRS by 1969, 369; A 1971, 676; 1985, 1477; 1993, 189)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.627 - Registration of corporation of another country: Application; investigation; expenses of investigation.

1. A corporation or other legal entity which is organized under the laws of another country and seeks to register with the Commission as a publicly traded corporation must submit an application to the Board.
2. The application must provide the Board with information showing that the applicant’s business activities are regulated by a governmental authority of the foreign country in a manner which will prevent those activities from posing any threat to the control of gaming in this state.
3. The Board may conduct an investigation of the applicant and the governmental authority responsible for regulation of the applicant. The Board shall require the applicant to pay the Board’s anticipated expenses for such an investigation, and may, after completing such an investigation, charge the applicant any amount necessary to cover an underpayment of the actual expenses.
(Added to NRS by 1985, 1476)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.633 - Registration of corporation of another country: Matters considered by Board; rejection without hearing.

In determining whether to recommend that the Commission approve such an application, the Board may consider, in addition to all other requirements of this chapter:
1. Whether the governmental authority in the foreign country has an effective system to regulate the applicant and the relations between the investing public and the applicant and other corporations listed on the exchange;
2. Whether the system includes:
(a) A requirement that the listed corporations make full disclosure of information to the investing public;
(b) A requirement that the listed corporations file periodic reports with the governmental authority;
(c) A method to prevent any manipulation of the prices of securities or any employment of deceptive or misleading devices; and
(d) A restriction on margins to prevent any excessive use of credit for the purchase or carrying of securities listed on the exchange;
3. The availability of means by which the Board and Commission may obtain adequate information from the governmental authority in the foreign country concerning the applicant’s activities; and
4. Such other matters as the Board finds it necessary to consider in order to protect regulated gaming in Nevada.
The Board may reject any such application without a hearing.
(Added to NRS by 1985, 1476)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.637 - Individual licensing of directors, officers and employees; removal from position if found unsuitable or if license is denied or revoked; suspension of suitability by Commission.

1. Each officer, director and employee of a publicly traded corporation who the Commission determines is or is to become actively and directly engaged in the administration or supervision of, or any other significant involvement with, the gaming activities of the corporation or any of its affiliated or intermediary companies must be found suitable therefor and may be required to be licensed by the Commission.
2. If any officer, director or employee of a publicly traded corporation required to be licensed or found suitable pursuant to subsection 1 fails to apply for a gaming license or finding of suitability within 30 days after being requested to do so by the Commission, or is denied a license or not found suitable by the Commission, or if his or her license or the finding of his or her suitability is revoked after appropriate findings by the Commission, the publicly traded corporation shall immediately remove that officer, director or employee from any office or position wherein the officer, director or employee is actively and directly engaged in the administration or supervision of, or any other significant involvement with, the gaming activities of the corporation or any of its affiliated or intermediary companies. If the Commission suspends the finding of suitability of any officer, director or employee, the publicly traded corporation shall, immediately and for the duration of the suspension, suspend that officer, director or employee from performance of any duties wherein the officer, director or employee is actively and directly engaged in administration or supervision of, or any other significant involvement with, the gaming activities of the corporation or any of its affiliated or intermediary companies.
(Added to NRS by 1969, 371; A 1977, 1439; 1979, 1530; 1993, 191)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.641 - Penalties for noncompliance with laws and regulations.

If any corporation, partnership, limited partnership, limited-liability company or other business organization holding a license is owned or controlled by a publicly traded corporation subject to the provisions of this chapter, or that publicly traded corporation, does not comply with the laws of this state and the regulations of the Commission, the Commission may in its discretion do any one, all or a combination of the following:
1. Revoke, limit, condition or suspend the license of the licensee; or
2. Fine the persons involved, the licensee or the publicly traded corporation,
in accordance with the laws of this state and the regulations of the Commission.
(Added to NRS by 1969, 372; A 1979, 1532; 1993, 2009)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.645 - Remuneration, contracts and employment prohibited for certain unsuitable or unlicensed persons.

If any person who is required by or pursuant to this chapter to be licensed or found suitable because of the person’s connection with a corporation, partnership, limited partnership, limited-liability company or other business organization holding a license, or a holding company or intermediary company, including a publicly traded corporation, fails to apply for a license or a finding of suitability after being requested to do so by the Commission or is denied a license or a finding of suitability, or if the person’s license or finding of suitability is revoked, the corporation, partnership, limited partnership, limited-liability company, business organization, holding company, intermediary company or any person who directly or indirectly controls, is controlled by or is under common control with the corporation, partnership, limited partnership, limited-liability company, business organization, holding company or intermediary company shall not, and any licensee or an affiliate of the licensee shall not, after receipt of written notice from the Commission:
1. Pay the person any remuneration for any service relating to the activities of a licensee, except for amounts due for services rendered before the date of receipt of notice of such action by the Commission. Any contract or agreement for personal services or the conduct of any activity at a licensed gaming establishment between a former employee whose employment was terminated because of failure to apply for a license or a finding of suitability, denial of a license or finding of suitability, or revocation of a license or a finding of suitability, or any business enterprise under the control of that employee and the licensee, holding or intermediary company or registered publicly traded corporation is subject to termination. Every such agreement shall be deemed to include a provision for its termination without liability on the part of the licensee upon a finding by the Commission that the business or any person associated therewith is unsuitable to be associated with a gaming enterprise. Failure expressly to include such a condition in the agreement is not a defense in any action brought pursuant to this section to terminate the agreement.
2. Enter into any contract or agreement with the person or with a business organization that the licensee knows or under the circumstances reasonably should know is under the person’s control which involves the operations of a licensee, without the prior approval of the Commission.
3. Employ the person in any position involving the activities of a licensee without prior approval of the Commission.
(Added to NRS by 1977, 1427; A 1979, 475; 1981, 1100; 1993, 2010; 1999, 3176; 2007, 1118)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.6505 - Renewal of license: Application to include information relating to state business license; denial of renewal for unpaid debt assigned to State Controller for collection.

1. In addition to any other requirements set forth in this chapter, an applicant for the renewal of a license as a manufacturer, distributor or seller of gaming devices must indicate in the application submitted to the Commission whether the applicant has a state business license. If the applicant has a state business license, the applicant must include in the application the business identification number assigned by the Secretary of State upon compliance with the provisions of chapter 76 of NRS.
2. A license as a manufacturer, distributor or seller of gaming devices may not be renewed by the Commission if:
(a) The applicant fails to submit the information required by subsection 1; or
(b) The State Controller has informed the Commission pursuant to subsection 5 of NRS 353C.1965 that the applicant owes a debt to an agency that has been assigned to the State Controller for collection and the applicant has not:
(1) Satisfied the debt;
(2) Entered into an agreement for the payment of the debt pursuant to NRS 353C.130; or
(3) Demonstrated that the debt is not valid.
3. As used in this section:
(a) "Agency" has the meaning ascribed to it in NRS 353C.020.
(b) "Debt" has the meaning ascribed to it in NRS 353C.040.
(Added to NRS by 2013, 2734; A 2019, 1285)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.651 - Payment of child support: Statement by applicant for license; grounds for denial of license; duty of Commission. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

1. A natural person who applies for the issuance or renewal of a license as a manufacturer, distributor or seller of gaming devices shall submit to the Commission the statement prescribed by the Division of Welfare and Supportive Services of the Department of Health and Human Services pursuant to NRS 425.520. The statement must be completed and signed by the applicant.
2. The Commission shall include the statement required pursuant to subsection 1 in:
(a) The application or any other forms that must be submitted for the issuance or renewal of the license; or
(b) A separate form prescribed by the Commission.
3. A license as a manufacturer, distributor or seller of gaming devices may not be issued or renewed by the Commission if the applicant is a natural person who:
(a) Fails to submit the statement required pursuant to subsection 1; or
(b) Indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order.
4. If an applicant indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order, the Commission shall advise the applicant to contact the district attorney or other public agency enforcing the order to determine the actions that the applicant may take to satisfy the arrearage.
(Added to NRS by 1997, 2062; A 2005, 720; 2019, 1285)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.652 - Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

1. If the Commission receives a copy of a court order issued pursuant to NRS 425.540 that provides for the suspension of all professional, occupational and recreational licenses, certificates and permits issued to a person who is the holder of a license as a manufacturer, distributor or seller of gaming devices, the Commission shall deem the license issued to that person to be suspended at the end of the 30th day after the date on which the court order was issued unless the Commission receives a letter issued to the holder of the license by the district attorney or other public agency pursuant to NRS 425.550 stating that the holder of the license has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560.
2. The Commission shall reinstate a license as a manufacturer, distributor or seller of gaming devices that has been suspended by a district court pursuant to NRS 425.540 if the Commission receives a letter issued by the district attorney or other public agency pursuant to NRS 425.550 to the person whose license was suspended stating that the person whose license was suspended has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560.
(Added to NRS by 1997, 2063; A 2005, 721; 2019, 1286)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.653 - Application for license to include social security number of applicant. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

The application of a natural person who applies for the issuance of a license as a manufacturer, distributor or seller of gaming devices must include the social security number of the applicant.
(Added to NRS by 1997, 2063; A 2005, 721; 2019, 1286)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.655 - Effect of determination that manufacturer or distributor is unsuitable to hold license.

If the Commission determines that a manufacturer or distributor is unsuitable to receive or hold a license:
1. No new gaming device or associated equipment manufactured by the manufacturer or distributed by the distributor may be approved;
2. Any previously approved device or associated equipment manufactured by the manufacturer or distributed by the distributor is subject to revocation of approval if the reasons for the denial of the license also apply to that device or associated equipment;
3. No new device or associated equipment manufactured by the manufacturer or distributed by the distributor may be sold, transferred or offered for use or play in Nevada; and
4. Any association or agreement between the manufacturer or distributor and a licensee must be terminated, unless otherwise provided by the Commission. An agreement between such a manufacturer or distributor of gaming devices or associated equipment and a licensee shall be deemed to include a provision for its termination without liability on the part of the licensee upon a finding by the Commission that the manufacturer is unsuitable to be associated with a gaming enterprise. Failure to include that condition in the agreement is not a defense in any action brought pursuant to this section to terminate the agreement.
5. Failure of a licensee to terminate any association or agreement with a manufacturer or distributor of gaming devices or associated equipment after receiving notice of a determination of unsuitability, the denial of a license or failure to file a timely application for a license is an unsuitable method of operation.
(Added to NRS by 1983, 1205; A 1985, 2143)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.660 - Amount and disposition of fees for licenses.

1. The Commission shall charge and collect from each applicant a fee of:
(a) For the issuance or renewal of a manufacturer’s license, $1,000.
(b) For the issuance or renewal of a seller’s or distributor’s license, $500.
2. All licenses must be issued for the calendar year beginning on January 1 and expiring on December 31. If the operation is continuing, the Commission shall charge and collect the fee prescribed by subsection 1 on or before December 31 for the ensuing calendar year. Regardless of the date of application or issuance of the license, the fee to be charged and collected under this section is the full annual fee.
3. All license fees collected pursuant to this section must be paid over immediately to the State Treasurer to be deposited to the credit of the State General Fund.
(Added to NRS by 1967, 1596; A 1983, 1338; 1999, 1425)
2023 Nevada Revised Statutes › Chapter 463 - Licensing and Control of Gaming › NRS 463.665 - Regulations: Registration and finding of suitability for manufacturer or distributor of associated equipment or person with significant involvement in manufacturing or distribution of associated equipment; degree of review; fees.

1. The Commission shall, with the advice and assistance of the Board, adopt regulations prescribing:
(a) The manner and method for the approval of associated equipment by the Board; and
(b) The method and form of any application required by paragraph (a).
2. Except as otherwise provided in subsection 3, the regulations adopted pursuant to subsection 1 must:
(a) Require persons who manufacture or distribute associated equipment for use in this State to be registered with the Board if such associated equipment:
(1) Is directly used in gaming;
(2) Has the ability to add or subtract cash, cash equivalents or wagering credits to a game, gaming device or cashless wagering system;
(3) Interfaces with and affects the operation of a game, gaming device, cashless wagering system or other associated equipment;
(4) Is used directly or indirectly in the reporting of gross revenue; or
(5) Is otherwise determined by the Board to create a risk to the integrity of gaming and protection of the public if not regulated;
(b) Require persons who have a significant involvement in the manufacturing or distribution of associated equipment, as determined by the Commission, to register with the Board;
(c) Establish the degree of review an applicant for registration pursuant to this section must undergo, which level may be different for different forms of associated equipment; and
(d) Establish fees for the application and renewal of the registration required pursuant to this section.
3. This section does not apply to:
(a) A licensee; or
(b) An affiliate of a licensee or an independent contractor as defined by NRS 463.01715.
4. In addition to requiring a manufacturer or distributor of associated equipment to be registered as set forth in subsection 2 a manufacturer or distributor of associated equipment who sells, transfers or offers the associated equipment for use or play in Nevada may be required by the Board to file an application for a finding of suitability to be a manufacturer or distributor of associated equipment.
5. If an application for a finding of suitability is not submitted to the Board within 30 days after demand by the Board, it may pursue any remedy or combination of remedies provided in this chapter.
6. Any person who manufactures or distributes associated equipment who has complied with all applicable regulations adopted by the Commission before October 1, 2015, shall be deemed to be registered pursuant to this section.
(Added to NRS by 1983, 1205; A 1985, 2144; 1987, 188; 2015, 1488; 2017, 365; 2019, 221; 2021, 3391)