18 C.F.R. § 367.4270

Current through November 30, 2024
Section 367.4270 - Account 427, Interest on long-term debt
(a) This account must include the amount of interest on outstanding long-term debt issued or assumed by the service company, the liability for which is included in account 224, Other long-term debt (§ 367.2240 ).
(b) This account must be kept or supported so as to show the interest accruals on each class and series of long-term debt.
(c) This account must not include interest on nominally issued or nominally outstanding long-term debt, including securities assumed.

18 C.F.R. §367.4270