[Code of Federal Regulations]

[Title 49, Volume 5]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 49CFR371.13]



[Page 63]

 

                        TITLE 49--TRANSPORTATION

 

                      DEPARTMENT OF TRANSPORTATION

 

PART 371_BROKERS OF PROPERTY--Table of Contents

 

Sec. 371.13  Accounting.



    Each broker who engages in any other business shall maintain 

accounts so that the revenues and expenses relating to the brokerage 

portion of its business are segregated from its other activities. 

Expenses that are common shall be allocated on an equitable basis; 

however, the broker must be prepared to explain the basis for the 

allocation.



[45 FR 68943, Oct. 17, 1980]