462.170 - Registration or approval of qualified organization: Commission may require finding of suitability; costs of investigation; effect of failure to submit application for finding; effect of find - Nevada Statutes

462.170  Registration or approval of qualified organization: Commission may require finding of suitability; costs of investigation; effect of failure to submit application for finding; effect of finding of unsuitability.

      1.  The Commission may, upon recommendation of the Board, require:

      (a) A qualified organization that registers with or requests the approval of the Executive Director to file an application pursuant to chapter 463 of NRS for a finding of suitability to operate a charitable lottery in this state.

      (b) Any person who is employed by, a member of or otherwise associated with such an organization to file an application pursuant to chapter 463 of NRS for a finding of suitability to be associated with the operation of a charitable lottery in this state.

      2.  The Board may conduct an investigation of the qualified organization or associated person and submit recommendations to the Commission. The qualified organization or associated person must deposit with the Board a sum of money which the Board determines will be adequate to pay the anticipated costs of the investigation and shall upon the completion of the investigation pay to the Board any additional money necessary to reimburse the Board for the actual cost of the investigation. The Board shall refund any overpayments.

      3.  The Commission may revoke the registration or approval of a qualified organization if:

      (a) An application for a finding of suitability is not submitted to the Board, together with the deposit required by subsection 2, within 30 days after the qualified organization receives written notice that it is required pursuant to paragraph (a) of subsection 1 to file an application for a finding of suitability.

      (b) The qualified organization is found unsuitable to operate a charitable lottery in this state.

      (c) An application for a finding of suitability is not submitted to the Board, together with the deposit required by subsection 2, or the association of the person with the organization is not terminated, within 30 days after the qualified organization receives written notice that an associated person is required pursuant to paragraph (b) of subsection 1 to file an application for a finding of suitability.

      (d) The associated person is found unsuitable to be associated with the operation of a charitable lottery in this state and the qualified organization does not terminate its association with that person within 30 days after receiving written notice of the finding of unsuitability.

      (Added to NRS by 1991, 2260)