Nevada Revised Statutes > Chapter 661 > Assets, Dividends and Distributions
Current as of: 2023 | Check for updates
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Other versions
| § 661.205 | Overdrafts |
| § 661.235 | Limitation on declaring dividend or making distribution; exception |
| § 661.240 | Additional limitation on making distribution; definition |
Terms Used In Nevada Revised Statutes > Chapter 661 > Assets, Dividends and Distributions
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.