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Current as of January 01, 2025 | Updated by Findlaw Staff
The supervisor may:
1. Hire, discipline and dismiss employees of the gaming establishment, and fix the compensation of its employees.
2. Engage independent legal counsel and accountants.
3. Settle or compromise with any debtor or creditor of the gaming establishment.
4. Prosecute actions on behalf of or defend actions against the gaming establishment.
5. Enter into any contract or borrow money on behalf of the gaming establishment and pledge, mortgage or otherwise encumber its property as security for the repayment of any loan, except that the power to borrow money or encumber property is limited by any provision of an existing document of credit.
6. Grant or renew leases of the property of the gaming establishment.
7. Perform any other lawful acts on behalf of the gaming establishment which an owner is entitled to perform. This subsection does not authorize sale of the establishment by the supervisor.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 41. Gaming; Horse Racing; Sporting Events § 463B.160. Powers of supervisor - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-41-gaming-horse-racing-sporting-events/nv-rev-st-463b-160/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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