§ 17. Inventory. Whenever in the opinion of the director of finance the use of inventories is necessary in order clearly to determine the income of any taxpayer, inventory shall be taken by such taxpayer upon such basis as the director of finance may prescribe, conforming as nearly as may be to the best accounting practice in the banking business and most clearly reflecting the income.
Inventory
N.Y. General City Model 772/66 § 17, under Tax On State Banks, Trust Companies, Financial Corporations and Savings and Loan Associations.
N.Y. General City Model 772/66 § 17