Nevada Statutes
§ 671.115 — Tangible net worth: Amount required to be maintained
Nevada § 671.115
JurisdictionNevada
Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL
Ch. 671Money
BOND OR DEPOSIT; TANGIBLE NET WORTH; PERMISSIBLE
INVESTMENTS
This text of Nevada § 671.115 (Tangible net worth: Amount required to be maintained) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Nev. Rev. Stat. § 671.115 (2026).
Text
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.
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Legislative History
(Added to NRS by 2023, 109 )
Nearby Sections
15
§ 671.004
Definitions§ 671.0045
“Authorized delegate” defined§ 671.0055
“Bank Secrecy Act” defined§ 671.006
“Calendar quarter” defined§ 671.0065
“Closed loop stored value” defined§ 671.007
“Control” defined§ 671.0075
“Eligible rating” defined§ 671.008
“Eligible rating service” defined§ 671.009
“Key individual” defined§ 671.0095
“Licensee” defined§ 671.010
Definitions§ 671.0105
“Material litigation” defined§ 671.011
“Monetary value” definedCite This Page — Counsel Stack
Bluebook (online)
Nevada § 671.115, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/671.115.