Nev. Admin. Code § 703.440

Current through November 8, 2024

Section 703.440 - Exhibits

The following exhibits must be filed with an application:

1. If the applicant is a corporation, a copy of its articles of incorporation, certified by the Secretary of State, and all effective amendments. If the articles of incorporation have previously been filed with the Commission, the application need only make specific reference to that filing.

2. A copy of the most current financial statement of the applicant, which must include the following information:

(a) The amount and kinds of stock authorized by the articles of incorporation and the amount outstanding.

(b) Whether the preferred stock, if any, is cumulative or participating and whether its preference is on dividends, assets or otherwise.

(c) A brief description of each security agreement, mortgage and deed of trust upon the applicant's property, including the date of execution, the debtor and secured party, the mortgagor and mortgagee, the trustor and beneficiary, the amount of indebtedness authorized to be secured, the amount of indebtedness actually secured and any provision for a sinking fund.

(d) The amount of bonds authorized and issued, the name of the public utility which issued them, each separate class and the date of issue, the par value, the rate of interest, the date of maturity, how they were secured and the amount of the interest issue paid on the bonds during the last fiscal year.

(e) Each note outstanding, the date of issue, the amount, date of maturity, rate of interest, in whose favor it was issued and the amount of interest paid on the note during the last fiscal year.

(f) Other indebtedness by classes and a description of any security, a brief statement of the devolution or assumption of any portion of that indebtedness upon or by any person or corporation if the original liability has been transferred, and the amount of interest paid on the indebtedness during the last fiscal year.

(g) The rate and amount of dividends paid during the 5 previous fiscal years and the amount of capital stock on which dividends were paid in each of those years.

(h) An income statement for the 12-month period immediately preceding the date of the application, insofar as practicable, and a balance sheet as of the date of the income statement.

Nev. Admin. Code § 703.440

Pub. Service Comm'n, Gen. Order 3 § 26.040, eff. 1-1-79

NRS 703.025, 704.210, 704.324