Exhibit 3.21
ROSS MILLER 206 North Carson Street Carson City, Nevada 82701-4299 Website: secretaryofstate.biz |
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| Filed in the office of | Document Number |
| /s/ Ross Miller | 20080098008-15 |
| Ross Miller | Filing Date and Time |
| Secretary of State | 02/12/2008 9:08 AM |
| State of Nevada | Entity Number |
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| C9746-1994 |
Articles of Organization |
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Limited-Liability Company |
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(PURSUANT TO NRS 86) |
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USE BLACK IN ONLY - DO NOT HIGHLIGHT |
| ABOVE SPACE IS FOR OFFICE USE ONLY |
1. | Name of Limited- | Stratosphere Gaming LLC | Check box if a | |||
| Liability Company: |
| Series Limited- | |||
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| Liability Company | |||
| limited-liability company |
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| wording: see instructions) |
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2. | Resident Agent | Brownstein Hyatt Farber Schreck, P.C. |
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| Name and Street | Name |
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| Address: | 300 South Fourth Street, Suite 1200 | Las Vegas | Nevada | 89101 | |
| (must be a Nevada address | (MANDATORY) Physical Street Address | City |
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| served) | (OPTIONAL) Mailing Address | City | State | Zip Code | |
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3. | Dissolution Date: |
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| (OPTIONAL: See | Latest date upon which the company is to dissolve (If existence is not perpetual): | ||||
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4. | Management: | Company shall be managed by o Manager(s) or x Members | ||||
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5. | Name and Address | Stratosphere Corporation |
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| of each Manager or | Name |
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| Managing Member: | 2000 Las Vegas Blvd. South | Las Vegas | NV | 89104 | |
| (attach additional page | Address | City | State | Zip Code | |
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6. | Name, Address and |
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| Signature of | Ellen Schulhofer | /s/ Ellen Schulhofer | |||
| Organizer: | Name | Signature |
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| if more than 1) | 300 South Fourth Street, Suite 1200 | Las Vegas | NV | 89101 | |
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7. | Certificate of | I hereby accept appointments Resident Agent for the above named limited-liability company | ||||
| Acceptance of |
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| Appointment of | /s/ Ellen Schulhofer |
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| Resident Agent: | Authorized Signature of R.A. or On Behalf of R.A. Company | Date Feb 12, 2008 | |||
This form must be accompanied by appropriate fees. |
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SEE ATTACHMENT
ATTACHMENT TO
ARTICLES OF ORGANIZATION
OF
STRATOSPHERE GAMING LLC
The Articles of Organization of Stratosphere Gaming LLC (the “Company”) consist of the articles set forth on the preceding page and the additional articles set forth on this Attachment as follows:
8. Registered Office.
The Company may, from time to time, in the manner provided by law, change the resident agent and the registered office in the State of Nevada. The Company may also maintain an office or offices for the conduct of its business, either within or without the State of Nevada.
9. Management.
The management of the Company shall be vested in its member in the manner prescribed by the Company’s operating agreement. The name and address of the entity who is the Company’s initial member is set forth in Article 5 on the preceding page.
10. Payment of Expenses.
In addition to any other rights of indemnification permitted by the laws of the State of Nevada as may be provided for by the Company in these Articles of Organization, the Company’s operating agreement or any other agreement, the expenses of a member incurred in defending a civil or criminal action, suit or proceeding, involving alleged acts or omissions of the member in its capacity as a member of the Company, must be paid by the Company, or through insurance purchased and maintained by the Company or through other financial arrangements made by the Company as permitted by the laws of the State of Nevada, as they are incurred and in advance of the final disposition of the action, suit or proceeding, upon receipt of an unsecured undertaking by or on behalf of the member to repay the amount if it is ultimately determined by a court of competent jurisdiction that they are not entitled to be indemnified by the Company.
Any repeal or modification of this Article 10 approved by the members of the Company shall be prospective only. In the event of any conflict between this Article 10 and any other article of the Company’s Articles of Organization, the terms and provisions of Article 10 shall control.
11. Compliance with Gaming Laws.
(a) Purpose. The purpose and general nature of the business to be conducted by the Company is to operate, manage and conduct gaming in a gaming casino or other facilities in the State of Nevada. The Company may also engage in any other lawful act or activity for which limited liability companies may be formed under the laws of the State of Nevada.
(b) Determination of Unsuitability. Notwithstanding anything to the contrary expressed or implied in the Articles of Organization of the Company, the sale, assignment,
transfer, pledge, granting of an option to purchase or other disposition of any interest in the Company is ineffective unless approved in advance by the Nevada Gaming Commission (the “Commission”). If at any time the Commission finds that a member that owns any such interest is unsuitable to hold an interest in the Company, the Commission shall immediately notify the Company of that fact and the Company shall, within ten (10) days from the date that it receives the notice from the Commission, return to the unsuitable member the amount of his or her capital account as reflected on the books of the Company or the owner shall dispose of such interest as provided by the gaming laws and regulations of the State of Nevada. Beginning on the date when the Commission serves notice of a determination of unsuitability, pursuant to applicable law, it is unlawful for the unsuitable member: (a) to receive any dividend or interest or any payment or distribution of any kind, including any share of the distribution of profits or cash or any other property of, or payments upon dissolution of, the Company, other than a return of capital; (b) to exercise directly or through a proxy, trustee or nominee, any voting rights conferred by such interest; or (c) to receive any remuneration in any form from the Company or from any company holding a gaming license, for services rendered or otherwise. Any member that is found unsuitable by the Commission shall return all evidence of any ownership in the Company to the Company, and the unsuitable member shall no longer have any direct or indirect interest in the Company.
(c) Redemption of Interest. Notwithstanding the foregoing, to the extent permitted by applicable gaming laws and the Nevada gaming authorities, if a member has been found by the Commission to be unsuitable, the Company shall have the right to redeem or the unsuitable member shall dispose of its member’s interest in the Company as provided in the Company’s operating agreement.
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