Arizona § 6-552 Dividends

Arizona Statutes

§ 6-552 — Dividends

Arizona § 6-552

Title 6Arizona Revised Statutes

Ch. 4CREDIT UNIONS

Art. 6Accounts

This text of Arizona § 6-552 (Dividends) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 6-552 (2026).

Text

A.After provision for the required reserves, the board of directors may declare dividends to be paid on share accounts from the undivided earnings.

B.A credit union may pay dividends at various rates with due regard to the conditions that pertain to each type of share account, such as minimum balance, notice and time requirements. A credit union may, but is not required to, pay a dividend on membership shares.

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A. After provision for the required reserves, the board of directors may declare dividends to be paid on share accounts from the undivided earnings.

B. A credit union may pay dividends at various rates with due regard to the conditions that pertain to each type of share account, such as minimum balance, notice and time requirements. A credit union may, but is not required to, pay a dividend on membership shares.