California Statutes
§ 14901. — 14901. (Amended by Stats. 1998, Ch. 539, Sec. 34.7.)
California·Code FIN Financial Code - FIN·Div. 5. DIVISION 5. CREDIT UNIONS·Ch. 6. CHAPTER 6. Share Accounts and Certificates for Funds·Art. 2. ARTICLE 2. Dividends
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.
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California § 14901. (14901. (Amended by Stats. 1998, Ch. 539, Sec. 34.7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1998, Ch. 539, Sec. 34.7. Effective January 1, 1999.