Nev. Rev. Stat. § 671.115

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 671.115 - Tangible net worth: Amount required to be maintained

A licensee shall maintain at all times a tangible net worth of the greater of:

1. One hundred thousand dollars; or

2. Three percent of total assets for the first $100,000,000 in assets, 2 percent of additional assets that exceed $100,000,000 but do not exceed $1 billion and 0.5 percent of additional assets that exceed $1 billion.

NRS 671.115

Added to NRS by 2023, 109

Added by 2023, Ch. 23,§49, eff. 7/1/2023.