California Financial Code

§ 14901

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

FIN § 14901 Effective Jan 1, 1999Div. 5 · Ch. 6 · Art. 2

Statute text

View on leginfo.ca.gov

The rates of dividends and terms of payment may be established in advance by action of the board of directors. However, nothing in this section shall be construed to permit any credit union to pay a dividend except as provided in Section 14902.

Legislative history

Amended by Stats. 1998, Ch. 539, Sec. 34.7. Effective January 1, 1999.