Discretionary Fund definition
Examples of Discretionary Fund in a sentence
In accordance with the canons of the General Convention, and under the guidelines of the Manual of Business Methods, a Discretionary Fund is to be established.
Other than the transfer of funds allowed in section 11.3.2.1 and the payment of Tier 1 payments in excess of the cap from Tier 2 funds provided in section 12.2.1, disbursements from the Utah Discretionary Fund shall be limited to Utah telecommunications initiatives.
Any excess funds in the Utah Special Fund may be transferred to the Utah Discretionary Fund at the Commission’s discretion.
In accordance with the Canons of General Convention, a Discretionary Fund is to be established for charitable purposes under the ▇▇▇▇▇▇'▇ control, subject to annual audit without disclosure of beneficiaries.
Discretionary Fund Managers (DFMs) will rebalance at their discretion.