Nev. Admin. Code § 706.401907

Current through October 11, 2024

Section 706.401907 - "Actually issued" defined

"Actually issued," as applied to securities issued or assumed by a company, means securities:

1. Sold to bona fide purchasers for a valuable consideration;

2. Issued as dividends on stock; or

3. Issued in accordance with contractual requirements directly to trustees of sinking funds.

Nev. Admin. Code § 706.401907

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

NRS 706.167, 706.171