Nevada § 463.563 - Policy of State; waiver of requirements
Full text of Nevada Nevada Revised Statutes § 463.563 — Policy of State; waiver of requirements, with citation guidance and answers to common questions.
§ 463.563. Policy of State; waiver of requirements
1. The policy of the State of Nevada with respect to the issuance of state gaming
licenses to limited partnerships is: (a) To broaden the opportunity for investment in gaming through the pooling of capital
in limited partnership form. (b) To maintain effective control over the conduct of gaming by limited partnership
licensees. (c) To restrain any speculative promotion of limited partnership interests in gaming
enterprises. 2. To the extent practicable, the provisions of this chapter that apply to a limited
partnership shall be deemed to apply to a registered limited-liability partnership
as defined in NRS 87.020 or 87.4311 or a foreign registered limited-liability partnership. 3. The Commission may waive, either selectively or by general regulation, one or more
of the requirements of NRS 463.564 to 463.572 , inclusive, if it makes a written finding that a waiver is consistent with the state
policy set forth in NRS 463.0129 and this section.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 463.563
What does Nevada Revised Statutes § 463.563 cover?
Section 463.563 ("Policy of State; waiver of requirements") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 463.563?
A common citation format is "Nevada Revised Statutes § 463.563" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 463.563 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.