General reserve requirement compels producer companies to maintain reserves; shortfalls are apportioned among members based on patronage. Every Producer Company must maintain a general reserve each financial year in addition to reserves specified in its articles; if the company lacks ... Summary
General reserve requirement compels producer companies to maintain reserves; shortfalls are apportioned among members based on patronage.
Every Producer Company must maintain a general reserve each financial year in addition to reserves specified in its articles; if the company lacks sufficient funds in a year to meet transfers required by the articles, the reserve contribution shortfall is shared among Members in proportion to their patronage in that year.
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