Nev. Admin. Code § 678.008 - "Unimpaired capital and surplus" interpreted

For the purposes of this chapter and NRS NRS 678.710, the Division shall interpret the term "unimpaired capital and surplus" to mean shares plus postclosing, undivided earnings. The term does not include regular reserves or special reserves required by this chapter or chapter 678 of NRS.


Nev. Admin. Code § 678.008
Added to NAC by Comm'r of Financial Institutions by R110-06, eff. 6-28-2006

NRS 678.250, 678.710

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