Section 4.06. Capital deduction.

Latest version.

The aggregate amount of the outstanding equity investment, including retained earnings, of a financial institution in all financial subsidiaries controlled by the financial institution shall be deducted from the assets and tangible equity of the financial institution as determined by the division, and the assets and liabilities of the financial subsidiaries shall not be consolidated with those of the financial institution.

Cr. Register, October, 2000, No. 538 , eff. 11-1-00.

                    
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