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The Pamphlet Collection of Sir Robert Stout: Volume 45

Accumulating surplus of contributions for member's use

Accumulating surplus of contributions for member's use.

17. The rules of a society or of a registered branch may provide for accumulating at interest, for the use of any page 27 member of the same, any surplus of his contributions to the funds of the society or registered branch which may remain after providing for any assurance in respect of which the same are paid, and for the withdrawal of such accumulations from time to time.