17 N.C. Admin. Code 5B.1105

Current through Register Vol. 39, No. 9, November 1, 2024

Section 05B .1105 - INVESTMENT IN SUBSIDIARY

For purposes of G.S. 105-122, the net worth base shall not be reduced by the amount invested in a subsidiary.

17 N.C. Admin. Code 05B .1105

Authority G.S. 105-122; 105-262;
Eff. February 1, 1976;
Amended Eff. July 1, 1999; January 1, 1994;
Readopted Eff. May 1, 2018.

Authority G.S. 105-122; 105-262;
Eff. February 1, 1976;
Amended Eff. July 1, 1999; January 1, 1994.

Readopted by North Carolina Register Volume 32, Issue 23, June 1, 2018 effective 5/1/2018.