Goto Section: 32.7300 | 32.7320 | Table of Contents

FCC 32.7310
Revised as of
Goto Year:1996 | 1998
Sec. 32.7310  Dividend income.

    (a) This account shall include dividends on investments in common 
and preferred stock, which is the property of the company, whether such 
stock is owned by the company and held in its treasury, or deposited in 
trust (except in sinking or other funds, see paragraph (c) of this 
section), or otherwise controlled.
    (b) These accounts shall not include dividends or other returns on 
securities issued or assumed by the company and held by or for it, 
whether pledged as collateral, or held in its treasury, in special 
deposits, or in sinking or other funds.
    (c) Dividends on stocks of other companies held in sinking or other 
funds shall be credited to Account 7330, Income from Sinking and Other 
Funds.
    (d) Dividends received and receivable from affiliated companies 
accounted for on the equity method shall be included in Account 1401, 
Investments in Affiliated Companies, as a reduction of the carrying 
value of the investments.


Goto Section: 32.7300 | 32.7320

Goto Year: 1996 | 1998
CiteFind - See documents on FCC website that cite this rule

Want to support this service?
Thanks!

Report errors in this rule. Since these rules are converted to HTML by machine, it's possible errors have been made. Please help us improve these rules by clicking the Report FCC Rule Errors link to report an error.
hallikainen.com
Helping make public information public