institutional capital definition
institutional capital means the aggregate of a co-operative society’s—
institutional capital means disclosed reserves, retained earnings, grants and donations all of which are not meant to be expended unless on liquidation of the Sacco Society;
institutional capital means a sum of funds within the SACCO over which no person or outside entity has a legal claim, and consists of permanent and non-withdrawable member share capital, unimpaired reserves, retained earnings, capital grants and donations;
More Definitions of institutional capital
institutional capital means and is comprised of statutory reserves, entrance fees, appropriation accounts, donated equity, a permanent capital base and any other reserves established by the Society’s Board of Directors for which no claim has been placed upon it by members or other parties.
institutional capital means Statutory Reserves, Special Reserves, Entrance Fees and Permanent Shares.
institutional capital means and is comprised of statutory reserves, entrance fees, appropriation accumulated account and any other reserve established by the Society’s Management for which there is no claim.
institutional capital means disclosed reserves, retained earnings, grants and donations;
institutional capital means and is comprised of statutory reserves, entrance fees, appropriation accumulated account and other reserves established by the Society for which there is no claim.
institutional capital means statutory reserve fund, retained earnings, capital grants and donations that are not transitory in nature and are not meant to be paid out unless on liquidation of a SACCOS;
institutional capital means and is comprises of statutory reserve, entrance fees, appropriation accumulated account and other reserve established by the Society‟s Committee for which there is no claim