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This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Rule 901:7-2-08 | Asset valuation.


The following assets shall not be included or considered as assets for calculating the net worth and\or in determining if current assets exceed current liabilities of a licensee:

(A) Goodwill;

(B) Customer lists;

(C) Non-competition clauses;

(D) Trade names;

(E) Receivables other than trade receivables arising in the ordinary course of the handlers business due from any director, officer, manager, or employee of the handler;

(F) Receivables due from any related party or business of the handler; or

(G) Accounts receivables that are past due over one hundred eighty days. A schedule must be provided with the annual financial statement filing.

Last updated February 13, 2023 at 5:07 PM

Supplemental Information

Authorized By: 926.02
Amplifies: 926.10
Five Year Review Date: 2/13/2028
Prior Effective Dates: 2/19/2008