NRS 682A.203
“Sinking fund stock” defined.

“Sinking fund stock” means preferred stock that:

1.

Is subject to a mandatory sinking fund or similar arrangement that will provide for the redemption or open market purchase of the entire issue over a period not greater than 40 years after the date of acquisition; and

2.

Provides for mandatory sinking fund installments or open market purchases commencing not more than 10.5 years after the date of issue, with the sinking fund installments providing for the purchase or redemption, on a cumulative basis commencing 10 years after the date of issue, of at least 2.5 percent per year of the original number of shares of that issue of preferred stock.

Source: Section 682A.203 — “Sinking fund stock” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-682A.­html#NRS682ASec203.

682A.005
Definitions. 682A.007
“Acceptable collateral” defined. 682A.009
“Acceptable private mortgage insurance” defined. 682A.013
“Accident and health insurance” defined. 682A.015
“Accident and health insurer” defined. 682A.017
“Admitted asset” defined. 682A.019
“Affiliate” defined. 682A.023
“Asset-backed security” defined. 682A.025
“Business entity” defined. 682A.027
“Cap” defined. 682A.029
“Capital and surplus” defined. 682A.033
“Cash equivalents” defined. 682A.035
“Class one bond mutual fund” defined. 682A.037
“Class one money market mutual fund” defined. 682A.039
“Collar” defined. 682A.043
“Commercial mortgage loan” defined. 682A.045
“Construction loan” defined. 682A.047
“Control” defined. 682A.049
“Counterparty exposure amount” defined. 682A.053
“Covered” defined. 682A.055
“Credit tenant loan” defined. 682A.057
“Derivative instrument” defined. 682A.059
“Derivative transaction” defined. 682A.063
“Direct” and “directly” defined. 682A.065
“Dollar roll transaction” defined. 682A.067
“Domestic jurisdiction” defined. 682A.069
“Equity interest” defined. 682A.073
“Equivalent securities” defined. 682A.075
“Floor” defined. 682A.077
“Foreign currency” defined. 682A.079
“Foreign investment” defined. 682A.083
“Foreign jurisdiction” defined. 682A.085
“Forward” defined. 682A.087
“Future” defined. 682A.089
“Government money market mutual fund” defined. 682A.093
“Government-sponsored enterprise” defined. 682A.095
“Guaranteed or insured” defined. 682A.097
“Hedging transaction” defined. 682A.099
“High grade investment” defined. 682A.103
“Income” defined. 682A.105
“Income generation transaction” defined. 682A.107
“Insurance future” defined. 682A.109
“Insurance future option” defined. 682A.113
“Investment company” defined. 682A.115
“Investment company series” defined. 682A.117
“Investment practices” defined. 682A.119
“Investment strategy” defined. 682A.123
“Investment subsidiary” defined. 682A.125
“Letter of credit” defined. 682A.127
“Limited-liability company” defined. 682A.129
“Lower grade investment” defined. 682A.133
“Market value” defined. 682A.135
“Medium grade investment” defined. 682A.137
“Money market mutual fund” defined. 682A.139
“Mortgage loan” defined. 682A.143
“Multilateral development bank” defined. 682A.145
“Mutual fund” defined. 682A.147
“NAIC” defined. 682A.149
“Obligation” defined. 682A.153
“Option” defined. 682A.155
“Over-the-counter derivative instrument” defined. 682A.157
“Person” defined. 682A.159
“Potential exposure” defined. 682A.163
“Preferred stock” defined. 682A.165
“Qualified bank” defined. 682A.167
“Qualified business entity” defined. 682A.169
“Qualified clearinghouse” defined. 682A.173
“Qualified exchange” defined. 682A.175
“Qualified foreign exchange” defined. 682A.177
“Rated credit instrument” defined. 682A.179
“Real estate” defined. 682A.183
“Replication transaction” defined. 682A.185
“Repurchase transaction” defined. 682A.187
“Required liabilities” defined. 682A.189
“Residential mortgage loan” defined. 682A.193
“Reverse repurchase transaction” defined. 682A.195
“Secured location” defined. 682A.197
“Securities lending transaction” defined. 682A.199
“Series company” defined. 682A.203
“Sinking fund stock” defined. 682A.205
“Special rated credit instrument” defined. 682A.207
“State” defined. 682A.209
“Substantially similar securities” defined. 682A.213
“SVO” defined. 682A.215
“Swap” defined. 682A.217
“Underlying interest” defined. 682A.219
“Unrestricted surplus” defined. 682A.223
“Warrant” defined.
Last Updated

Jun. 24, 2021

§ 682A.203’s source at nv​.us