GroundRules
NRS 463.621: Legislative declaration.
Where this section sits in the code
- TITLE 41 — GAMING; HORSE RACING; SPORTING EVENTS
- CHAPTER 463 - LICENSING AND CONTROL OF GAMING
- LICENSING OF CORPORATIONS, LIMITED PARTNERSHIPS, LIMITED-LIABILITY COMPANIES AND OTHER SIMILAR ORGANIZATIONS
- Corporate Acquisitions, Repurchases of Securities and Recapitalization
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.
Collected 2026-09-03T05:51:40Z. Source file · JSON