# ASC 405-40-35: Liabilities — Obligations Resulting from Joint and Several Liability Arrangements — 35 Subsequent Measurement

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/405/40/#35-subsequent-measurement)

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## ASC 405-40-35: 35 Subsequent Measurement

[Read section](https://asc.understandingaccounting.org/asc/405/40/#35-subsequent-measurement)

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##### [405-40-35-1](https://asc.understandingaccounting.org/asc/405/40/#405-40-35-1)

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Obligations resulting from joint and several liability arrangements included in the scope of this Subtopic subsequently shall be measured using the guidance in Section 405-40-30.