Nevada Code § 463.568

Registration with Board; required information
Open in Lexace · Ask the AI about this section
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.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.