California Code of Regulations
Title 2 - Administration
Division 2 - Financial Operations
Chapter 2 - State Controller
Subchapter 3 - Accounting Procedures for Special Districts
Article 8 - Waste Disposal Districts
Section 1101.7 - Disposition of Fixed Assets
Universal Citation: 2 CA Code of Regs 1101.7
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
When fixed assets are sold or disposed of otherwise, the gain or loss, measured by the difference between book value and the consideration received, is a current charge or credit.
Disclaimer: These regulations may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
