17 CFR 270.5b-1
§ 270.5b-1 Definition of “total assets.”
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 270.5b-1, § 270.5b-1 Definition of “total assets.”, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/69941
- Permanent ID
ys:prov:69941@1- SHA-256
0db680716dd46715ae958e04ed442f96c70d0654d80d02a893e5c0102fe033b7
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The term total assets, when used in computing values for the purposes of sections 5 and 12 of the Act, shall mean the gross assets of the company with respect to which the computation is made, taken as of the end of the fiscal quarter of the company last preceding the date of computation. This section shall not apply to any company which has adopted either of the alternative methods of valuation permitted by § 270.2a-1.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.