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SEA ORG RECEIPTS

SEA ORG RECEIPTS
ScnAdmin
the combined gross receipts of all SO orgs, ships and activities, being the total receipts of a corporation which is managed by a board. It is not the income of "Flag" or "Management" or CLOs or Flag Bureaux or FAO (Flag Admin Org) or ship. (HCO PL 9 Mar 72 I)