This PDF is the current document as it appeared on Public Inspection on 03/25/2013 at 08:45 am.
In Title 26 of the Code of Federal Regulations, Part 1 (§§ 1.1401 to 1.1550), revised as of April 1, 2012, on page 443, in § 1.1502-32, in paragraph (c)(3), after the first sentence, reinstate the following sentence:End Amendment Part
(c) * * *
(3) * * * For this purpose, the preferred stock is treated as entitled to a distribution no later than the time the distribution is taken into account under the Internal Revenue Code (e.g., under section 305). * * *
[FR Doc. 2013-07095 Filed 3-25-13; 8:45 am]
BILLING CODE 1505-01-D