2015 Nevada Revised Statutes
Chapter 657 - General Provisions
NRS 657.075 - “Surplus” defined.

NV Rev Stat § 657.075 (2015) What's This?

“Surplus” means a fund created pursuant to the provisions of this title by a bank from payments by stockholders or members or from the bank’s net earnings or undivided profits which, to the amount specified and by any additions thereto set apart and designated as such, is not available for the payment of dividends and cannot be used for the payment of expenses or losses while the bank has undivided profits.

(Added to NRS by 1971, 965; A 1995, 473)

Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.