§ 1181.262. Fund raising expenses.

 (a)  Costs pertaining to raising funds for operating expenses and cash flow will be allowed up to 10% of the amount raised.

 (b)  Fund raising expenses for capital and replacement items up to 5% of the amount raised will be allowed to be capitalized as a part of the cost of the asset under §  1181.259(h) (relating to depreciation allowance).

Source

   The provisions of this §  1181.262 adopted August 5, 1983, effective July 1, 1983, 13 Pa.B. 2402.

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