N.Y. Comp. Codes R. & Regs. tit. 10 § 451.55

Current through Register Vol. 46, No. 41, October 9, 2024

Section 451.55 - Clearing account

(a) A primary account containing costs that are to be transferred or allocated to other accounts.

(b) An intermediate account to which is transferred a group of costs or revenues, or a group of accounts containing costs or revenues, and from which a distribution of the total is made to other accounts.

N.Y. Comp. Codes R. & Regs. Tit. 10 § 451.55