Nev. Admin. Code § 706.401921

Current through November 25, 2024
Section 706.401921 - "Nominally issued" defined

"Nominally issued," as applied to securities issued or assumed by a company, means securities which have been signed, certified or otherwise executed and which have been placed with the proper officer for sale and delivery, pledged or otherwise placed in some special fund of the company, but which have not been sold, or issued directly to trustees of sinking funds in accordance with contractual requirements.

Nev. Admin. Code § 706.401921

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

NRS 706.167, 706.171