220 CMR, 52.563
Current through Register 1538, January 3, 2025
This account shall include the interest accruing to the accounting company upon the securities of other companies and upon securities of national, state and municipal governments. It shall also include interest on notes and other evidences of indebtedness, interest on bank balances and on open accounts and other analogous items. Interest accrued shall not be credited to this account unless its payment is reasonably assured; in other cases, credits to this account shall be based upon the interest actually collected.
220 CMR, 52.563