"Inurement" Example Sentences
1. The inurement of profits to directors is a breach of the company's articles of association.
2. The organization's tax-exempt status was revoked due to inurement of private benefits.
3. Inurement of public funds for personal use is considered a fraudulent activity and punishable by law.
4. The agreement had a clause prohibiting inurement of profits to any individual or group.
5. The charity faced scrutiny for suspected inurement of its top executives.
6. The board members ensured that there was no inurement of profits from the fundraiser.
7. The company's bylaws forbid the inurement of revenue to any shareholders.
8. The judge ruled in favor of the plaintiff, citing inurement of benefits to the defendant's family.
9. The non-profit organization's reputation was damaged due to allegations of inurement by its management.
10. The government auditor discovered inurement of public assets by the local council.
11. The company's shareholders were outraged by the inurement of profits to the CEO.
12. Inurement of benefits to close friends and family is considered nepotism by many.
13. The inurement of revenue from the project was allocated to the development of the community.
14. The charity had to refund donations due to suspected inurement of funds by its staff.
15. The company's inurement of profits led to a decline in its stock price.
16. The court investigated allegations of inurement with regards to the public contract.
17. The inurement of benefits to government officials is a common problem in developing countries.
18. After an internal investigation, the company found no evidence of inurement by its employees.
19. The charity's reputation was restored after they introduced measures to prevent inurement.
20. The company had to amend its articles of association to remove a clause that allowed inurement of profits.
21. The union filed a complaint alleging inurement of wages by the management.
22. The company's policy explicitly forbids inurement of profits to any individual or group.
23. The government agency suspended the organization's funding due to suspected inurement of public funds.
24. The non-profit organization's bylaws prohibit the inurement of benefits to its directors.
25. The company faced legal action for alleged inurement of revenue to its owners.
26. The charity's board members implemented new financial controls to prevent inurement of donations.
27. The court found the defendant guilty of inurement of assets from the public trust.
28. The company's management was accused of inurement of profits to their personal accounts.
29. The charity's annual report showed no evidence of inurement or mismanagement of donations.
30. The government investigated the town council for suspected inurement of assets to the mayor's family.
Common Phases
1) The organization's
inurement policy was strictly enforced; any violation could result in consequences.
2) Non-profit organizations must avoid
inurement to ensure they maintain their tax-exempt status; this can be achieved by proper documentation of expenses and salaries.
3)
Inurement to private individuals within a charity is prohibited by law; this means that no one can personally benefit from the organization's assets.
4) The board of directors must review all financial transactions regularly to prevent any potential
inurement; this ensures the organization's mission is prioritized over personal gain.
5)
Inurement can occur unintentionally; therefore, it is necessary to have proper training and safeguards in place to prevent its occurrence.