When any person contracts to sell or lease any property or interest in property, real or personal, under circumstances which require the approval or licensing of the purchaser or lessee by the Commission, the contract must contain a provision satisfactory to the Commission regarding responsibility for the payment of any fees or taxes due pursuant to any subsequent deficiency determinations made under this chapter which encompass any period of time before the closing date of the transaction.
NRS 463.3455
Provision regarding responsibility for fees and taxes required in certain transfers of gaming property or interest
Known as the Nevada Gaming Control Act
The act spans §§ 463–463 (375 sections).
(Added to NRS by 1983, 593)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.