Current through November 8, 2024
Section 677.230 - Capital surplus accounts1. The capital surplus account may consist of money contributed to the company, money transferred to it from the company's undivided profits account or money obtained through the sale of shares.2. Money contributed must be earmarked "contributions," money transferred from the company's undivided profit account must be earmarked "transferred from undivided profits," and money obtained through the sale of shares must be earmarked "sales."Nev. Admin. Code § 677.230
Dep't of Commerce, Thrift Companies Reg. § 4 subsec. 4.10, eff. 1-4-76; A and renumbered as subsec. 4.8, 1-4-78; Renumbered as subsec. 4.10, 12-14-78