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RULES AND REGULATIONS
OF
ASPEN RESERVEAdopted by the Board of Directors on November 1st, 2016
Amended by the Board of Directors on May 23rd, 201700629489.DOCX; 11247.0005.729535TABLE OF CONTENTS
123INTRODUCTION
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What is aspen reserve?
Aspen reserve is a financial provision set aside by companies to cover potential losses or expenses in the future.
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Certain companies in specific industries are required to file aspen reserve as part of their financial reporting obligations.
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The purpose of aspen reserve is to ensure that companies are financially prepared for potential risks and liabilities.
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Aspen reserve must include details of the provision amount, the reasons for setting it aside, and any relevant supporting information.
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