The recent payout was a surplus revolvement
from the Association's 2003 and 2004 Patronage Refunds, and taxes were paid on this portion at that time.
5 million in patronage and tax-free equity revolvement
Koch's own prescription couldn't be clearer than the voice of Ingelil, the character of the young Swedish nurse in his early verse play "The Merry Stones": "May the blue star of yesterday pink its liberal summit to that head, this you, like a revolvement
, fats the walls with lowing circumvention.
Jeff Nielsen of United Farmers Cooperative (UFC) in Minnesota emphasized that strong earnings are necessary to invest in the infrastructure needed to compete globally and to allow the co-op to maintain and improve its member equity revolvement
7 million of cash patronage; the balance represented revolvement
of equities held by dairy producers who marketed milk through Foremost Farms and its predecessor cooperatives.
Some have sped up payment and equity revolvement
schedules, or even dipped into reserves to make extra payments.
Topics included: the purpose of co-ops; aims and purposes of the Garner co-op; credit and credit terms; building programs; products and services available; revolvement
policy; marketing activities; sales and savings; changes in member equity and new programs.
Among the more important questions was one asking for the dollar amounts paid under its revolvement
plan to estates of retired members.
AMPI's annual revolvement
of capital retains and previously allocated earnings are budgeted for November and December.
Do long revolving periods show poor planning, do cooperatives use former members' money to generate benefits for the current users, and does slow revolvement
present fairness issues?
When farmers demand not only good prices, but high returns and a quick equity revolvement
, do they set the stage for cooperative failure?
It marked the 38th year of continuous patronage revolvement
payments to members.