{"data":{"id":"us-nv/nrs-463.5737","jurisdiction":"us-nv","citation":"NRS 463.5737","heading":"Removal or modification of employment of employee, director or manager who is found unsuitable or whose license is denied or revoked; licensing of successor.","body":"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:\n(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;\n(b) Is denied a license; or\n(c) Has his or her license revoked by the Commission,\nÊ 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.\n2. 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.","path":["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","Holding and Intermediary Companies"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-463.html#NRS463Sec5737","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:40Z","sha256":"7f7e0f3d035ccd66489d74448dc5ad20896e69f43d1888038d754010c185bb0d","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-463.5736","next":"us-nv/nrs-463.575"},"notice":"GroundRules: Original legal text. Not legal advice."}