220 CMR, 50, 124

Current through Register 1536, December 6, 2024
Section 124 - Other Investments
A. This account shall include the book cost of investments in securities issued or assumed by nonassociated companies, investment advances to such companies, and any investments not accounted for elsewhere. Include also the offsetting entry to the recording of amortization of discount or premium on interest-bearing investments. (See account 419, Interest and Dividend Income.)
B. The records shall be maintained in such a manner as to show the amount of each investment and the investment advances to each person.

220 CMR, 50, 124

NOTE A. - Securities owned and pledged shall be included in this account, but securities held in special deposits or in special funds shall be included in appropriate deposit or fund accounts. A complete record of securities pledged shall be maintained.

NOTE B. - Securities held as temporary cash investments shall not be included in this account.

NOTE C. - See note D of account 123, Investment in Associated Companies.