N.Y. Comp. Codes R. & Regs. tit. 10 § 451.9

Current through Register Vol. 46, No. 51, December 18, 2024

Section 451.9 - Accumulated income (or earnings or profit)

Net income retained and not paid out in dividends or dissipated by subsequent losses; earned surplus or retained earnings.

N.Y. Comp. Codes R. & Regs. Tit. 10 § 451.9