Statutes, codes, and regulations
Nevada Administrative Code
Chapter 662 - Banks: Powers and Miscellaneous Provisions
Section 662.050 - Long-term capital notes or debentures: Maximum amount of issuance

Nev. Admin. Code § 662.050

Download
PDF
Current through June 11, 2024
Section 662.050 - Long-term capital notes or debentures: Maximum amount of issuance

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.

Nev. Admin. Code § 662.050

Banking Div., Long-Term Capital Notes or Debentures Rule No. 1 subsec. 5, eff. 12-14-78

NRS 658.105, 662.115