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

State Regulations
Compare

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.

Notes

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

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.

No prior version found.