Nev. Admin. Code § 706.401925

Current through October 11, 2024

Section 706.401925 - "Premium" defined

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

Nev. Admin. Code § 706.401925

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

NRS 706.167, 706.171