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Computation of Business and Investment Capital on Combined Reports.

19 RCNY § 11-42
in effect
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§ 11-42 Computation of Business and Investment Capital on Combined Reports. In the case of combined reports, there are eliminated, in computing combined business and investment capital, intercorporate stockholdings and intercorporate bills, notes and accounts receivable and payable and other intercorporate indebtedness. As to when combined reports will be permitted or required, see 19 RCNY § 11-91, infra.
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCrules/0-0-0-36948Fetched: 10/24/2026

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