---
kind: "section"
citation: "46 C.F.R. § 403.115"
title: "46"
number: "403.115"
heading: "Accounting period."
url: "https://uscodex.org/cfr/46/403.115"
---

# §403.115. Accounting period.


Each Association subject to this part shall maintain its accounts on a calendar year basis unless otherwise approved by the Director.


## Notes

### Source

Source: 60 FR 18369, Apr. 11, 1995, unless otherwise noted. Redesignated at 61 FR 32655, June 25, 1996.

### Authority

Authority: 46 U.S.C. 2103, 2104(a), 9303, 9304; DHS Delegation No. 00170.1, Revision No. 01.4.

### Source

Source: 60 FR 18369, Apr. 11, 1995, unless otherwise noted. Redesignated by USCG-1998-3976, 63 FR 35139, June 29, 1998.