Document:LNC Resolution 11-12 April 1981 Regarding Debt Retirement

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Resolved at the April 11-12, 1981 LNC Meeting:

The National Director is directed to retire the debt by a minimum of 10¾ of the income raised in any month, with the proportion of vendor debt to loans repaid as in the proposed budget. 

Note: This was indexed in an official Resolution Index and identified as Resolution 163 therein. That document also seems to note that this was amended via resolution at the September 2, 1987 and December 6, 1987 meetings. This is the language as amended.