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Power of investment

Cap. 24:02, s. 46 · Revised Edition 2020

Unless otherwise directed by the foundation charter or the by-laws, the foundation council may invest the endowment as and for so long as it sees fit and, at any time, the council may sell, call in or convert into money any investment and re-invest the moneys produced. International Foundations [CAP. 24:02 47

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