Section 10-43-25.8 - Affiliated service income as a factor in net income apportionment formula.
10-43-25.8. Affiliated service income as a factor in net income apportionment formula. Affiliated service income shall be included in the numerator specified in § 10-43-25.1 only if the income relates to:
(1) Loans secured primarily by real property or tangible personal property located in this state; or
(2) Loans made to customers located in this state, which are not secured by real property or tangible personal property.
Source: SL 1996, ch 80, § 2.