NRS 463.520 - Registration with Board by corporations other than publicly traded corporations; required information.

NV Rev Stat § 463.520 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

A corporation, other than a publicly traded corporation, which applies for a state gaming license shall register as a corporation with the Board, and shall provide the following information to the Board:

1. The organization, financial structure and nature of the business to be operated, including:

(a) The names and personal history of all officers, directors and key employees;

(b) A complete set of the fingerprints of all officers, directors and key employees which the Board may forward to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for its report; and

(c) The names, addresses and number of shares held by all stockholders.

2. The rights and privileges acquired by the holders of different classes of authorized securities, including debentures.

3. The terms on which securities are to be offered.

4. The terms and conditions of all outstanding loans, mortgages, trust deeds, pledges or any other indebtedness or security device.

5. The extent of the equity security holding in the corporation of all officers, directors and underwriters, and their remuneration as compensation for services, in the form of salary, wages, fees or otherwise.

6. Remuneration to persons other than directors and officers exceeding $30,000 per annum.

7. Bonus and profit-sharing arrangements.

8. Management and service contracts.

9. Options existing, or to be created.

10. Balance sheets for at least 3 preceding fiscal years or, if the corporation has not been incorporated for a period of 3 years, balance sheets from the time of its incorporation. All balance sheets shall be certified by independent public accountants certified or registered in the State of Nevada.

11. Profit and loss statements for at least the 3 preceding fiscal years or, if the corporation has not been incorporated for a period of 3 years, profit and loss statements from the time of its incorporation. All profit and loss statements shall be certified by independent public accountants certified or registered in the State of Nevada.

12. Any further financial data which the Board may deem necessary or appropriate for the protection of the State of Nevada, or licensed gambling, or both.

(Added to NRS by 1967, 1587; A 1969, 375; 1971, 673; 1993, 188; 2003, 2852)