Define: Corpus Fund

How is Corpus Fund defined in a legal contract?

• Corpus Fund means the fund comprised of amounts paid, deposited, or contributed by each apartment owner, dedicated for major repairs, replacements, additions to the common areas, and other contingities. Seen in 5 SEC filings.
• Corpus Fund means the capital or funds established and maintained for the basic expenditures required for the administration and survival of an entity. This fund can also be used for specific activities such as awards. Seen in 2 SEC filings.
• Corpus Fund means the fund set aside for the maintenance and upkeep of the project, common areas and amenities, and specific areas and amenities for different groups of people. Seen in 1 SEC filing.
• Corpus Fund means any created amount intended for the provision of pensions and related benefits. This includes any amount added as interest. Seen in 1 SEC filing.
• Corpus Fund means a fund granted for the operation of a board and implementation of welfare schemes, registration fees, thrift deposits, loans, borrowings from members or non-members, and any other amounts received for the operation of the board and for the implementation of its welfare schemes. Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of corpus fund' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Corpus Fund means funds reserved by a party for basic operational costs, major repairs, replacements or additions, that may also cover specified activities.

Relevant Contract Types

• Property Lease Agreements
• Equipment Rental Agreements
• Building Maintenance Contracts

Relevant Circumstances

• When establishing or managing housing cooperatives or societies
• In leasing commercial properties
• When organizing major planned events

Relevant Sectors

• Real Estate
• Event Management
• Facilities Management

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Genie Definition 2

Corpus Fund means a designated financial reserve used for the provision of benefits and their related interests.

Relevant Contract Types

• Employment Contracts
• Pension Scheme Agreements
• Employee Benefits Agreements

Relevant Circumstances

• In setting up employee pension schemes
• When negotiating employment contracts and benefits
• In designing employee incentive programs

Relevant Sectors

• Human Resources Management
• Financial Services
• Non-Profit Organizations

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