Nevada Administrative Code
Chapter 677 - Thrift Companies
CAPITAL STRUCTURE
Section 677.230 - Capital surplus accounts
Universal Citation: NV Admin Code 677.230
Current through September 16, 2024
1. The capital surplus account may consist of money contributed to the company, money transferred to it from the company's undivided profits account or money obtained through the sale of shares.
2. Money contributed must be earmarked "contributions," money transferred from the company's undivided profit account must be earmarked "transferred from undivided profits," and money obtained through the sale of shares must be earmarked "sales."
Dep't of Commerce, Thrift Companies Reg. § 4 subsec. 4.10, eff. 1-4-76; A and renumbered as subsec. 4.8, 1-4-78; Renumbered as subsec. 4.10, 12-14-78
NRS 677.380
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