Section 120A.025 - Filing: Additional requirements if unclaimed property consists of a securityA holder of unclaimed property that consists of a security shall, in addition to complying with NAC 120A.020:
1. File with the report of unclaimed property a summary that includes the name, identification number and, if applicable, the total number of shares of each security included in the report.2. If the holder has sold a security, file with the report of unclaimed property a statement that includes the name, identification number and, if applicable, the total number of shares of the security.3. If a security is undeliverable, file with the report of unclaimed property a statement that includes the name, identification number and, if applicable, the total number of shares of the security.4. Identify certificated securities separately from uncertificated securities in Form UP-2, Report of Unclaimed Property Detail.5. If the security is a certificated security and the name of the issuer or the number of shares stated on the certificate delivered to the Administrator is different than the name or number of shares stated on a certificate previously issued to the owner of the security, include in the report of unclaimed property the name of the issuer and the number of shares stated on the previous certificate.6. If the security has a market value of zero, omit the security from the report of unclaimed property. A security that is omitted from a report of unclaimed property pursuant to this subsection must be included in a subsequent report of unclaimed property that is filed at a time that the security has a market value greater than zero.Nev. Admin. Code § 120A.025
Added to NAC by Admin. of Unclaimed Property by R162-09, eff. 8-13-2010