§ 8.04.060. Licensing of corporations, partnerships, limited partnerships, trusts, and other associations.

(A) A gaming license may be issued to a corporation, partnership, limited partnership, trust, or other form of association, which shall have:

(1)

Provided the application required by Section 8.04.100; and

(2)

Received a gaming license from the Nevada Gaming Commission; and

(3)

Satisfied the requirements of Sections 8.04.050(B)(3) and (4) and 8.04.050(C) and (E); and

(4)

Paid all necessary fees as provided in this chapter; and

(5)

Satisfied the board that each shareholder, officer, director, partner, trustee, member, or manager thereof is qualified for licensing in accordance with Section 8.04.050.

(B)

If a licensee or applicant for a gaming license is directly or indirectly owned or controlled, in whole or in part, by any corporation, firm, partnership, limited partnership, trust, or other form of association, the board may determine that such entity, including its members, shareholders, officers, directors, managers, and employees in certain circumstances, is suitable to be involved with the licensee if the Nevada Gaming Commission has issued an order of registration or other order or approval authorizing such entity's involvement, and in such case need not require a background investigation of the entity or the individuals associated with it unless the board determines that such investigation is necessary pursuant to Section 8.04.110(E). Circumstances which may warrant such investigation are:

(1)

As to a shareholder or limited partner, when the board has reason to believe the stock or partnership ownership, without a finding of suitability, is inconsistent with the declared policy of this county;

(2)

As to a director, when he is determined by the board to be, or to become, actively and directly engaged in the administration or supervision of the gaming activities at a licensed gaming establishment of the entity; and

(3)

As to a member, officer, manager or employee, when he is determined by the board to be, or to become, actively and directly engaged in the administration or supervision of, or any other significant involvement with, the activities at a licensed gaming establishment of the entity.

(Reg. G-58-80 § 9, 1980: Reg. G-11-61 § 6, 1961)