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HCO PROCESSING FRANCHISE

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Definitions

a second and different type of HCO Franchise in addition to the HCO HAS Co-audit Franchise. It permits an individual auditor in practice to receive immediate bulletins, discounts, and tests, and requires that he remit 10% of his income from Dn and Scn to HCO WW. This permits the individual to run an individual practice or a guidance center without running an HAS Co-audit. The HCO Processing Franchise is where individual processing only would be done. (HCOB 12 Aug 59)