California Code of Regulations
Title 10 - Investment
Chapter 2 - Savings and Loan Commissioner
Subchapter 5 - Operations-Accounting
Article 1 - Accounting
Section 105.100 - Classification of Accounts

Section 8701 of the law authorizes the Commissioner to establish a uniform classification of accounts and to prescribe the manner in which such accounts are to be kept.

No uniform classification of accounts is required. All accounting records, however, shall be maintained in accordance with generally accepted accounting principles, unless otherwise required by the Commissioner.

1. Change without regulatory effect renumbering former Section 100 to Section 105.100 (Register 87, No. 14). For prior history, see Register 83, No. 49.

Note: Authority cited: Section 5255, Financial Code. Reference: Section 8701, Financial Code.