Nevada § 463.344 - Enforcement of certain security interests against licensees

§ 463.344. Enforcement of certain security interests against licensees

1. A security interest in: (a) A security issued by a corporation, partnership, limited partnership or limited-liability

company which is a holder of a gaming license in this State; (b) A security issued by a holding company that is not a publicly traded corporation;

or (c) A security issued by a holding company that is a publicly traded corporation,

if the enforcement of the security interest will result in the creditor acquiring

control, may not be enforced without the prior approval of the Commission and compliance with

the regulations adopted by the Commission pursuant to subsection 2. 2. The Commission shall adopt regulations establishing the procedure for the enforcement

of such a security interest which are consistent with chapters 104 to 104C, inclusive,

of NRS. Any remedy provided by the Commission in its regulations for the enforcement

of such a security interest is in addition to any other remedy provided by law.