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NRS 671.115

Tangible net worth: Amount required to be maintained

(Added to NRS by 2023, 109)

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.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.