# ASC 860-40-40: Transfers and Servicing — Transfers to Qualifying Special Purpose Entities — 40 Derecognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/860/40/#40-derecognition)

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## ASC 860-40-40: 40 Derecognition

[Read section](https://asc.understandingaccounting.org/asc/860/40/#40-derecognition)

SEC content: no

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

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[Paragraphs 860-40-40-1 through 40-11 superseded by Accounting Standards Update No. 2009-16](https://asc.understandingaccounting.org/asc/860/40/#860-40-40-1).