Section 14-106 - Contracts - Time of attribution.
§ 14-106. Contracts - Time of attribution.
If a contract involves consideration to be paid over multiple reporting periods, the total ascertainable consideration to be paid under the contract shall be attributable to the date when the contract is made.
[An. Code 1957, art. 33, § 14-101(b)(1); 2002, ch. 291, § 4; ch. 303, § 2.]