NAC706.621. “Nominally outstanding” defined.

Latest version.

“Nominally outstanding,” as applied to securities issued or assumed by the company, means those which, after being actually issued, have been reacquired by or for the company under circumstances which require them to be considered as held alive and not retired. Securities held by trustees must be considered as actually outstanding.

[Taxicab Auth., Uniform System of Accounts Reg. Definitions § 21, eff. 12-24-70]

                    
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