NL 4-6 Financial Reserves Act

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The Confederation of Democratic Simulators (CDS) shall move 1 month’s tier in USD to a separate line item (reserve account), and make those funds unavailable for other use.

Funds in the account shall be disbursed at the discretion of the RA to pay recurring expenses in the event of a sudden and unexpected drop in $USD income.

CDS shall augment this account as funds are available until it contains enough funds to pay all recurring CDS expenses for a period of two months absent other income.


passed 8 February 2006

updated 6 January 2020 (Minute 7.2 of RA meeting 06-January-2020)