§1572
1 cases·1 cited
Statute Text — 26 U.S.C. §1572
Statute text not available for this section.
1 Citing Cases
For this purpose, “interest” is defined in BCL § 1572 as follows: Interest from the effective date of the corporate action until the date of payment at such rate as is fair and equitable under all the circumstances, taking into account all relevant factors, including the average rate currently paid by the corporation on its principal bank loans.