NAC90.335. Filing of balance sheet.

The balance sheet filed pursuant to NAC 90.330 by an applicant for licensing as a broker-dealer:

     1. Must be prepared in accordance with generally accepted accounting principles;

     2. Must be accompanied by a report of audit containing the unqualified opinion of an independent certified public accountant;

     3. In the case of an applicant who is not acting as a broker-dealer in another state, must be prepared as of a date not earlier than 60 days before the date of filing; and

     4. In the case of an applicant who is acting as a broker-dealer in another state, must consist of:

     (a) The most recent audited financial statement relating to the applicant; and

     (b) An interim unaudited financial statement, prepared as of a date not earlier than 60 days before the date of filing.

     (Added to NAC by Sec’y of State, eff. 4-22-88; A 10-16-89)