Nev. Admin. Code § 706.401912

Current through November 25, 2024

Section 706.401912 - "Contingent liability" defined

"Contingent liability" means an item which may, under certain conditions, become an obligation of the company but which is neither a direct nor an assumed liability as of the date of the balance sheet.

Added to NAC by Transportation Serv. Auth. by R040-02, eff. 9-20-2002

NRS 706.167, 706.171