Common use of Disposition of Net Income Clause in Contracts

Disposition of Net Income. The Board of Governors shall determine from time to time the disposition of the Association's net income, having due regard to provision for reserves and contingencies.

Appears in 2 contracts

Samples: Articles of Agreement, Articles of Agreement

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Disposition of Net Income. The Board of Governors shall determine from time to time the disposition of the Association's net income, having due regard to provision for reserves and contingencies.. Article VII: Withdrawal, Suspension of Membership, Suspension of Operations

Appears in 2 contracts

Samples: Ida Articles of Agreement, Ida Articles of Agreement

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Disposition of Net Income. The Board of Governors shall determine from time to time the disposition of the Association's net income, having due regard to provision for or reserves and contingencies.

Appears in 1 contract

Samples: Development Association Agreement

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