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Chapter 10 — Accounting by the Venturer

10.2 Initial Contribution of Nonfinancial Assets or In-Substance Nonfinancial Assets That Do Not Constitute a Business or Nonprofit Activity

10.2 Initial Contribution of Nonfinancial Assets or In-Substance Nonfinancial Assets That Do Not Constitute a Business or Nonprofit Activity

The deconsolidation and initial measurement of a retained noncontrolling interest in an asset that does not constitute a business or nonprofit activity are governed by ASC 610-20, and the requirements are the same for investors and venturers (see Section 4.3.4).