Nevada Revised Statutes 463.572 – Termination of employment of employee found unsuitable or whose license is denied or revoked; licensing of successor
1. If an employee of a limited partnership licensee who is required to be licensed individually:
Terms Used In Nevada Revised Statutes 463.572
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(a) Does not apply for a license within 30 days after the Commission requests the employee 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 partnership gaming licensee by whom the employee is employed shall terminate his or her employment upon notification by registered or certified mail to the limited partnership of that action.
2. If the limited partnership licensee designates another employee to replace the employee whose employment was terminated, it shall promptly notify the Commission and cause the newly designated employee to apply for a gaming license.