N.Y. Comp. Codes R. & Regs. tit. 16 § 462.9

Current through Register Vol. 46, No. 45, November 2, 2024

Section 462.9 - Nominally issued securities

(a) Each utility shall maintain, in addition to the capital stock and bond accounts shown in the balance sheet, memorandum debit and credit accounts for securities which have been nominally, but not actually, issued.

(b) When non-par stock is nominally issued the number of shares issued shall be shown in the memorandum accounts.

(c) Subdivisions shall be maintained under the memorandum accounts for each class of securities.

N.Y. Comp. Codes R. & Regs. Tit. 16 § 462.9