NIGERIAN AGRICULTURAL INSURANCE CORPORATION ACT
Section 22: Fund of the Corporation.
(1) The Corporation shall establish a fund from which shall be defrayed all expenditure incurred by the Corporation.
(2) There shall be paid and credited into the fund
(a) all interests received in respect of moneys invested by the Corporation;
(b) premiums collected from policy-holders;
(c) all moneys raised for the purposes of the Corporation by way of gifts, loans, grants-in-aid, testamentary dispositions or otherwise;
(d) moneys borrowed from any source approved by the Board;
(e) such other moneys as may, from time to time, accrue to the Corporation.
Cite this section
Section 22, NIGERIAN AGRICULTURAL INSURANCE CORPORATION ACT (1993).
https://repo.podus.ai/laws/nigerian-agricultural-insurance-corporation-act/section/22/