Nev. Admin. Code § 662.060

Current through June 11, 2024

Section 662.060 - Long-term capital notes or debentures: Period of maturity

The Commissioner will prescribe periods of maturity not exceeding 25 years for any issue of such long-term capital notes or debentures, and the issuing bank shall establish a schedule of prepayments or an appropriate sinking fund for the amortization of the indebtedness.

Nev. Admin. Code § 662.060

Banking Div., Long-Term Capital Notes or Debentures Rule No. 1 subsec. 6, eff. 12-14-78-NAC A by Admstr. of Financial Institutions, eff. 6-29-84; A by R098-23A, eff. 6/6/2024

NRS 658.105, 662.115