# ASC 310-30-40: Receivables — Loans and Debt Securities Acquired with Deteriorated Credit Quality — 40 Derecognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/310/30/#40-derecognition)

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## ASC 310-30-40: 40 Derecognition

[Read section](https://asc.understandingaccounting.org/asc/310/30/#40-derecognition)

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##### [310-30-40-1](https://asc.understandingaccounting.org/asc/310/30/#310-30-40-1)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-30-40-2](https://asc.understandingaccounting.org/asc/310/30/#310-30-40-2)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).