Patronage allocations definition

Patronage allocations means any patronage capital accounts, patronage dividends, capital accounts, capital credits, capital reserves, or any distribution of excess revenue to members.

Examples of Patronage allocations in a sentence

  • Annual Patronage allocations to all Voting Members shall be equal to 50% of the annual net Profit or Loss of the Cooperative, available therefor.

  • Annual Patronage allocations to all Voting Members shall be equal to 25% of the annual net Profit or Loss of the Cooperative, available therefor.