Nevada Revised Statutes Title 41. Gaming; Horse Racing; Sporting Events § 463.5737. Removal or modification of employment of employee, director or manager who is found unsuitable or whose license is denied or revoked; licensing of successor

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:

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 designated employee, director or manager to apply for a license.