I-13.2.2 - Deposit Institutions and Deposit Protection Act

Section 52.2 Disposition versions

2004-12-17

52.2. The Authority shall keep an account called the “accumulated net income account” with which is credited all income including any profits made on the sale of securities, and to which are charged any operating expenses, losses or special funds for losses related to the activities of the Authority and any losses in the sale of securities.

Any accumulated net income must be entered as a separate item in any of the Authority’s statements of assets and liabilities and must be listed as being added to or subtracted from the deposit insurance fund.

1983, c. 10, s. 34; 2002, c. 45, s. 198; 2004, c. 37, s. 90.

2004-02-01

52.2. The Agency shall keep an account called the “accumulated net income account” with which is credited all income including any profits made on the sale of securities, and to which are charged any operating expenses, losses or special funds for losses related to the activities of the Agency and any losses in the sale of securities.

Any accumulated net income must be entered as a separate item in any of the Agency’s statements of assets and liabilities and must be listed as being added to or subtracted from the deposit insurance fund.

1983, c. 10, s. 34; 2002, c. 45, s. 198.

1999-04-01

52.2. The Board shall keep an account called the “accumulated net income account” with which is credited all income including any profits made on the sale of securities, and to which are charged any operating expenses, losses or special funds for losses related to the activities of the Board and any losses in the sale of securities.

Any accumulated net income must be entered as a separate item in any of the Board’s statements of assets and liabilities and must be listed as being added to or subtracted from the deposit insurance fund.

1983, c. 10, s. 34.