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At-Risk Limitations; Interest Other Than That of a Creditor; Correction

---
identifier: "/us/fr/03-20666"
source: "fr"
legal_status: "authoritative_unofficial"
title: "At-Risk Limitations; Interest Other Than That of a Creditor; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "03-20666"
section_name: "At-Risk Limitations; Interest Other Than That of a Creditor; Correction"
positive_law: false
currency: "2003-08-13"
last_updated: "2003-08-13"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "03-20666"
document_type: "proposed_rule"
publication_date: "2003-08-13"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BA69"
fr_citation: "68 FR 48331"
fr_volume: 68
docket_ids:
  - "REG-209377-89"
fr_action: "Correction to notice of proposed rulemaking."
---

#  At-Risk Limitations; Interest Other Than That of a Creditor; Correction

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correction to notice of proposed rulemaking.

**SUMMARY:**

This document contains a correction to a notice of proposed rulemaking relating to the treatment, for purposes of the at-risk limitations, of amounts borrowed from a person who has an interest in an activity other than that of a creditor or from a person related to a person (other than the borrower) with such an interest.

**FOR FURTHER INFORMATION CONTACT:**

Tara P. Volungis (202) 622-3080 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The proposed regulations that are the subject of this correction are under section 465 of the Internal Revenue Code.

**Need for Correction**

As published, the proposed regulations REG-209377-89, contains an error that may prove to be misleading and is in need of clarification.

**Correction of Publication**

Accordingly, the publication of the proposed regulations REG-209377-89, which is the subject of FR Doc. 03-17090, is corrected as follows:

1. On page 40583, column 3, in the preamble, under the paragraph heading *For Further Information Contact* paragraph 1, lines 4 and 5, the language “requests for a public hearing, [Insert Name], 202-622-7180 (not toll-free” is corrected to read “requests for a public hearing, Sonya Cruse, 202-622-4693 (not toll-free”.

Cynthia E. Grigsby,

Chief, Regulations Unit, Associate Chief Counsel (Procedure and Administration).