# ASC 470-944-35: Debt — Financial Services—Insurance — 35 Subsequent Measurement

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/470/944/#35-subsequent-measurement)

Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.

Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure.

Source downloaded (UTC): 2026-09-10T00:34:23.460Z to 2026-09-10T00:34:23.460Z

Record version: sha256:243e3199e540f990c90e4bb4da7b37efc193343787b4d559f7000731573771ba

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 470-944-35: 35 Subsequent Measurement

[Read section](https://asc.understandingaccounting.org/asc/470/944/#35-subsequent-measurement)

SEC content: no

#### Surplus Notes

##### [470-944-35-1](https://asc.understandingaccounting.org/asc/470/944/#470-944-35-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:34:23.460Z to 2026-09-10T00:34:23.460Z

Record version: sha256:a9bf7542cbb855aaa44abfb33469e2cb3d3237fab792fa69a2d031631acf6b45

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


Interest shall be accrued over the life of the surplus note, irrespective of the approval of interest and principal payments by the domiciliary state insurance commissioner, and shall be recognized as an expense in the same manner as other debt.