220 CMR, 52.211
Current through Register 1538, January 3, 2025
This account shall include the amount of cash, the cost or book value of live securities of other companies, and other assets which are held by trustees of sinking and other funds for the purpose of redeeming outstanding obligations; also the par value of live securities issued or assumed by the accounting company and held in such funds.
This account shall also include all income derived from such investments, the amount of which shall concurrently be credited to account No. 321, "Sinking Fund Reserves." A separate account shall be kept for each fund.
220 CMR, 52.211