If a contract involves consideration to be paid over multiple reporting periods, the total ascertainable consideration to be paid under the contract shall be attributable to the date when the contract is made.

Added by Acts 2002, c. 291, § 4, eff. Jan. 1, 2003. Amended by Acts 2002, c. 303, § 2, eff. Jan. 1, 2003; Acts 2013, c. 419, § 1, eff. Jan. 1, 2015.

Formerly Art. 33, § 14-101.