463.489 - Policy of State; waiver of requirements. - Nevada Statutes

463.489  Policy of State; waiver of requirements.

      1.  The policy of the State of Nevada with respect to the issuance of state gaming licenses to corporations is:

      (a) To broaden the opportunity for investment in gaming through the pooling of capital in corporate form.

      (b) To maintain effective control over the conduct of gaming by corporate licensees.

      (c) To restrain any speculative promotion of the stock or other securities of gaming enterprises.

      2.  The Commission may waive, either selectively or by general regulation, one or more of the requirements of NRS 463.482 to 463.645, inclusive, if it makes a written finding that such waiver is consistent with the state policy set forth in NRS 463.0129 and this section.

      (Added to NRS by 1969, 365; A 1975, 694)