Accounting Standards Update · 2010
ASU 2010-25 — Plan Accounting—Defined Contribution Pension Plans (Topic 962)
The amendments in this Update require that participant loans be classified as notes receivable from participants, which are segregated from plan investments and measured at their unpaid principal balance plus any accrued but unpaid interest.
Issued: September 28, 2010
Text as published in the FASB Accounting Standards Codification, Basic View.