# ASC 405-40-65: Liabilities — Obligations Resulting from Joint and Several Liability Arrangements — 65 Transition and Open Effective Date Information

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/405/40/#65-transition-and-open-effective-date-information)

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## ASC 405-40-65: 65 Transition and Open Effective Date Information

[Read section](https://asc.understandingaccounting.org/asc/405/40/#65-transition-and-open-effective-date-information)

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##### [405-40-65-1](https://asc.understandingaccounting.org/asc/405/40/#405-40-65-1)

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Paragraph superseded on 07/08/2016 after the end of the transition period stated in Accounting Standards Update No. 2013-04, _Liabilities (Topic 405): Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date._