[Code of Federal Regulations]
[Title 47, Volume 2]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 47CFR32.25]

[Page 399]
 
                       TITLE 47--TELECOMMUNICATION
 
                    CHAPTER I--FEDERAL COMMUNICATIONS
                         COMMISSION (CONTINUED)
 
PART 32--UNIFORM SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES--Table of Contents
 
                     Subpart B--General Instructions
 
Sec. 32.25  Unusual items and contingent liabilities.

    Extraordinary items, prior period adjustments, and contingent 
liabilities may be recorded in the company's books of account without 
prior Commission approval.

[65 FR 16334, Mar. 28, 2000]