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 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. 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 rector 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. (Added to NRS by 1993, 1996; A 2001, 898)
Nevada Legal Code