NRS 463B.050
State policy concerning continued operation of gaming establishment whose license is surrendered, lapsed, suspended or revoked.

The Legislature hereby finds, and declares it to be the policy of this state, that:

1.

The stability and continuity of gaming establishments in this state are essential to the State’s economy and to the general welfare of its residents.

2.

Any closure of a gaming establishment because of a surrender, lapse, revocation or suspension of its license may cause unnecessary financial hardship to its employees, creditors and investors and may have an adverse economic effect on the residents of the community in which it is located and on the State generally.

3.

Public confidence and trust in the ability of the State to control gaming operations must not be sacrificed by any relaxation of strict controls in particular circumstances merely to permit gaming operations to continue.

4.

Placing the management and control of a gaming establishment whose license is surrendered, lapsed, suspended or revoked under a competent supervisory official may ensure the proper regulation of the establishment while maintaining its value for its creditors and investors, protecting the interests of other persons, avoiding any disruption of the economy of the community in which it is located, and promoting the general welfare of the State.

Source: Section 463B.050 — State policy concerning continued operation of gaming establishment whose license is surrendered, lapsed, suspended or revoked., https://www.­leg.­state.­nv.­us/NRS/NRS-463B.­html#NRS463BSec050.

463B.010
Definitions. 463B.020
“Commission” defined. 463B.040
“Supervisor” defined. 463B.050
State policy concerning continued operation of gaming establishment whose license is surrendered, lapsed, suspended or revoked. 463B.060
Applicability of chapter. 463B.070
Regulations. 463B.075
Hearing upon suspension of license regarding appointment of supervisor 463B.080
Appointment of supervisor. 463B.090
Limitations on order of court to stay appointment or enjoin supervisor. 463B.100
Compensation of supervisor and other persons. 463B.110
Supervisor subject to gaming laws and regulations 463B.120
Powers and duties of supervisor under gaming license issued by municipality. 463B.130
Vesting of property interests in supervisor 463B.140
Disposition of certain securities does not affect supervisor. 463B.150
Duties of supervisor. 463B.160
Powers of supervisor. 463B.170
Retention of books, records, evidences of debt and accounts in State. 463B.180
Order compelling delivery of property to supervisor. 463B.190
Effect of appointment of supervisor upon obligations of establishment. 463B.200
Distribution to former legal owner 463B.210
Reports by supervisor: Filing 463B.220
Sale of gaming establishment by former owner: Conditions 463B.230
Sale of gaming establishment by supervisor: Time 463B.240
Sale of gaming establishment: Notice 463B.250
Objection to suitability of supervisor 463B.260
Certain circumstances requiring termination of appointment of supervisor. 463B.270
Limitation on personal liability of supervisor. 463B.280
Unlawful acts
Last Updated

Jun. 24, 2021

§ 463B.050’s source at nv​.us