NAC706.567. “Actually outstanding” defined.  


Latest version.
  • “Actually outstanding,” as applied to securities issued or assumed by the company, means those which have been actually issued and are neither retired nor held by or for the company. Securities held by trustees must be considered as actually outstanding.

     [Taxicab Auth., Uniform System of Accounts Reg. Definitions § 3, eff. 12-24-70]