---
kind: "section"
citation: "18 C.F.R. § 367.2250"
title: "18"
number: "367.2250"
heading: "Account 225, Unamortized premium on long-term debt."
url: "https://uscodex.org/cfr/18/367.2250"
---

# §367.2250. Account 225, Unamortized premium on long-term debt.

- (a) This account must include the excess of the cash value of consideration received over the face value upon the issuance or assumption of long-term debt securities.
- (b) Amounts recorded in this account must be amortized over the life of each respective issue under a plan that will distribute the amount equitably over the life of the security. The amortization must be on a monthly basis, with the related amounts credited to account 429, Amortization of premium on debt—Credit ([§ 367.4290](/cfr/18/367.4290.md)) (see General Instructions in [§ 367.16](/cfr/18/367.16.md)).

## Notes

### Authority

Authority: 15 U.S.C. 717 et seq., 16 U.S.C. 791a et seq., and 42 U.S.C. 16451-16463.

### Source

Source: Order 684, 71 FR 65226, Nov. 7, 2006, unless otherwise noted.