In computing total assets at any particular date an association may use its total assets at the computation date. As an alternative it may, but is not required to, use the average of its total assets as of the end of its last five or less preceding consecutive calendar years.

Note: Authority cited: Section 5255 and 6900, Financial Code. Reference: Section 6900, Financial Code.

History

1. Change without regulatory effect renumbering former Section 119.3 to Section 105.202 (Register 87, No. 14). For prior history, see Register 82, No. 49.