3333. INTEREST AND OTHER FINANCIAL COSTS

3333 INTEREST AND OTHER FINANCIAL COSTS 3333.1 Interest on borrowings (however represented), bond discounts, costs of financing and refinancing capital (net worth plus long-term liabilities), legal and professional fees paid in connection with preparing prospectuses, costs of preparing and issuing stock rights, and directly associated costs shall not be allowable, except for interest assessed by state or local taxing authorities in accordance with §3335. SOURCE: Final Rulemaking published at 35 DCR 1668 (February 26, 1988).