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Form a Business

Transfer of ownership or control—Financial encumbrance.

Las Vegas Municipal Code § 6.06.240
in effect
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6.06.240 - Transfer of ownership or control—Financial encumbrance. Each licensee must notify the Department at least thirty days prior to transferring or recognizing the transfer of any ownership interest or voting control which results in a person acquiring an ownership interest or voting control equal to or greater than ten percent of the entire ownership in or voting control of the licensee or prior to subjecting any of its assets, income or revenue to any security interest or other encumbrance. (Ord. No. 6155, § 10, 8-3-11; Ord. 2187 § 1 (part), 1981: prior code § 5-4-8 (B))
Source: City of Las Vegas, Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/nv/las_vegas/codes/code_of_ordinances?nodeId=TIT6BUTALIRE_CH6.06PRBUPERE_6.06.240TROWCOINENFetched: 10/28/2026

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6.06.240 | Corpus