STATUTE
(Approved
by the general meeting of 16/12/2000)
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Art. 8 – Equity |
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The society equity consists of: 1. the Hut designated “del Pontaccio” and
its appurtenances; 2. any reserve funds arising from a surplus in
the balance; 3. any donations, disbursements and
bequests. Income consists of: 1. the annual fees of the
members; 2. members admission
fees; 3. any other income that contributes to
increasing the association’s assets. The financial year closes at the end of February each year. |