N.Y. Comp. Codes R. & Regs. tit. 10 § 451.179

Current through Register Vol. 46, No. 41, October 9, 2024
Section 451.179 - Liquid asset

Cash in banks and on hand, and other cash assets not set aside for specific purposes other than the payment of a current liability, or a readily marketable investment. The term is somewhat less restrictive than cash asset and much more restrictive than quick asset.

N.Y. Comp. Codes R. & Regs. Tit. 10 § 451.179