In preparing the report required by Section 10232.2(c) of the Code, a sale or loan transaction shall be considered as business conducted in the fiscal year in which the escrow for the transaction closed.

Note: Authority cited: Section 10081, Business and Professions Code. Reference: Section 10232.2, Business and Professions Code.

History

1. Repealer and new section filed 1-17-80; effective thirtieth day thereafter (Register 80, No. 3). For prior history, see Register 76, No. 3 and 61, No.4.

2. Repealer and new section filed 5-13-82; effective thirtieth day thereafter (Register 82, No. 20).

3. Repealer and new section filed 1-9-85; effective thirtieth day thereafter (Register 85, No. 2).