# ASC 860-40-05: Transfers and Servicing — Transfers to Qualifying Special Purpose Entities — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/860/40/#05-overview-and-background)

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## ASC 860-40-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/860/40/#05-overview-and-background)

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##### [860-40-05-1](https://asc.understandingaccounting.org/asc/860/40/#860-40-05-1)

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[Paragraphs 860-40-05-1 through 05-4 superseded by Accounting Standards Update No. 2009-16](https://asc.understandingaccounting.org/asc/860/40/#860-40-05-1).

##### [860-40-05-5](https://asc.understandingaccounting.org/asc/860/40/#860-40-05-5)

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[Paragraph not used](https://asc.understandingaccounting.org/updates/page-1833002/).

##### [860-40-05-6](https://asc.understandingaccounting.org/asc/860/40/#860-40-05-6)

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[Paragraph superseded by Accounting Standards Update No. 2009-16](https://asc.understandingaccounting.org/updates/asu-2009-16/).

##### [860-40-05-7](https://asc.understandingaccounting.org/asc/860/40/#860-40-05-7)

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[Paragraph not used](https://asc.understandingaccounting.org/updates/page-1833002/).