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  • Home
  • GARKANE SCANDAL FACTS
    • FACT 1: Rotation Period
    • FACT 2: Legal HiJacking
    • FACT 3: The Broken Law
    • FACT 4: The Board "Gift"
    • FACT 5: Supremacy Clause
    • FACT 6: Account 266
    • FACT 7: The Confession
    • FACT 8: Chief Sponsor(s)
    • FACT 9: Pure Discrepancy
    • FACT 10: Intent
    • FACT 11: Retain and Use?
    • FACT 12: Member Betrayal
    • FACT 13: Subvert Returns
    • Fact 14: Garkane Respect?
    • Fact 15: The Shortfall
    • Fact 16: Co-Op Purpose
    • Fact 17: Implied Promise
    • Fact 18: Who allowed it?
    • Fact 19: The Endorsement
    • Fact 20: There are others
    • Fact 21: The Collusion
    • Fact 22: The Coffin Nail
  • SILENCE LAVOY
    • PSC Complaint
    • Threat by Board President
    • Know who runs the media?
    • Commissioner Deflection
  • THE LAWS "& MORE"
    • Utah Unclaimed Prop. Code
    • OTHER STORIES LIKE OURS
    • GARKANE FINANCIALS
    • IRS SCRUTINIZES CO-OPS
    • IRS CO-OP LAW
    • Garkane By Laws
  • More
    • Home
    • GARKANE SCANDAL FACTS
      • FACT 1: Rotation Period
      • FACT 2: Legal HiJacking
      • FACT 3: The Broken Law
      • FACT 4: The Board "Gift"
      • FACT 5: Supremacy Clause
      • FACT 6: Account 266
      • FACT 7: The Confession
      • FACT 8: Chief Sponsor(s)
      • FACT 9: Pure Discrepancy
      • FACT 10: Intent
      • FACT 11: Retain and Use?
      • FACT 12: Member Betrayal
      • FACT 13: Subvert Returns
      • Fact 14: Garkane Respect?
      • Fact 15: The Shortfall
      • Fact 16: Co-Op Purpose
      • Fact 17: Implied Promise
      • Fact 18: Who allowed it?
      • Fact 19: The Endorsement
      • Fact 20: There are others
      • Fact 21: The Collusion
      • Fact 22: The Coffin Nail
    • SILENCE LAVOY
      • PSC Complaint
      • Threat by Board President
      • Know who runs the media?
      • Commissioner Deflection
    • THE LAWS "& MORE"
      • Utah Unclaimed Prop. Code
      • OTHER STORIES LIKE OURS
      • GARKANE FINANCIALS
      • IRS SCRUTINIZES CO-OPS
      • IRS CO-OP LAW
      • Garkane By Laws

  • Home
  • GARKANE SCANDAL FACTS
    • FACT 1: Rotation Period
    • FACT 2: Legal HiJacking
    • FACT 3: The Broken Law
    • FACT 4: The Board "Gift"
    • FACT 5: Supremacy Clause
    • FACT 6: Account 266
    • FACT 7: The Confession
    • FACT 8: Chief Sponsor(s)
    • FACT 9: Pure Discrepancy
    • FACT 10: Intent
    • FACT 11: Retain and Use?
    • FACT 12: Member Betrayal
    • FACT 13: Subvert Returns
    • Fact 14: Garkane Respect?
    • Fact 15: The Shortfall
    • Fact 16: Co-Op Purpose
    • Fact 17: Implied Promise
    • Fact 18: Who allowed it?
    • Fact 19: The Endorsement
    • Fact 20: There are others
    • Fact 21: The Collusion
    • Fact 22: The Coffin Nail
  • SILENCE LAVOY
    • PSC Complaint
    • Threat by Board President
    • Know who runs the media?
    • Commissioner Deflection
  • THE LAWS "& MORE"
    • Utah Unclaimed Prop. Code
    • OTHER STORIES LIKE OURS
    • GARKANE FINANCIALS
    • IRS SCRUTINIZES CO-OPS
    • IRS CO-OP LAW
    • Garkane By Laws

RETAIN AND USE

Taking from members rather than return margins

 Administrators lobbied legislators to allow them to retain and use capital credits that become unclaimed.  Policy is determined by administrators and faulty policy creates unclaimed property. 

An effort to “retain” and use unclaimed property reveals a desire to take from members rather than return margins or save for members. Such a mindset will likely detrimentally influence policy decisions, resulting in policy designed to make it difficult for members and former members to recover capital credits. Without the proper return of capital credits, there will be no equalization of infrastructure investments.  

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