Nevada Code § 463.645

Remuneration, contracts and employment prohibited for certain unsuitable or unlicensed persons
Open in Lexace · Ask the AI about this section
If
any person who is required by or pursuant to this chapter to be licensed or
found suitable because of the persons 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 persons 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 persons 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.

‹ 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.