Nev. Admin. Code § 706.401919

Current through October 11, 2024

Section 706.401919 - "Discount" defined

"Discount" means the excess of the par or face value of securities issued or assumed by a company, or the stated value of no-par stocks, plus interest or dividends accrued as of the date of the sale over the cash value of the consideration received from the sale of the securities or stocks.

Nev. Admin. Code § 706.401919

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

NRS 706.167, 706.171