Section 40.403 - Recoveries on Accounts Charged-offSuch recoveries must be credited to the reserve for losses account and not recorded as gross income.
Cal. Code Regs. Tit. 10, § 40.403
1. Change without regulatory effect renumbering former section 1144 to new section 40.403 and adding new NOTE filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34). Note: Authority cited: Section 18347, Financial Code. Reference: Section 18343, Financial Code.
1. Change without regulatory effect renumbering former section 1144 to new section 40.403 and adding new Note filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).