Nevada Administrative Code
Chapter 662 - Banks: Powers and Miscellaneous Provisions
Section 662.050 - Long-term capital notes or debentures: Maximum amount of issuance
Universal Citation: NV Admin Code 662.050
Current through September 16, 2024
A bank shall not issue long-term capital notes or debentures in an amount exceeding 100 percent of its paid in capital stock plus 50 percent of its unimpaired surplus.
Banking Div., Long-Term Capital Notes or Debentures Rule No. 1 subsec. 5, eff. 12-14-78
NRS 658.105, 662.115
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