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 persons 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 companys 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.
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