Nevada Administrative Code
Chapter 677 - Thrift Companies
GENERAL PROVISIONS
Section 677.050 - "Capital and surplus not available for dividends" defined

Universal Citation: NV Admin Code 677.050
Current through February 27, 2024

"Capital and surplus not available for dividends" as used in NRS 677.760 means the sum of capital stock, capital surplus and undivided profits to the extent of 10 percent of the capital stock.

Dep't of Commerce, Thrift Companies Reg. § 1 subsec. 1.5, eff. 1-4-78

NRS 677.380

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