District of Columbia Statutes
§ 26-209 — Advancements — Participation of all shares in profits.
District of Columbia § 26-209
JurisdictionDistrict of Columbia
Title 26Banks and Other Financial Institutions.
Ch. 2Building Associations.
Subch. IGeneral.
This text of District of Columbia § 26-209 (Advancements — Participation of all shares in profits.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 26-209 (2026).
Text
The shares advanced upon shall participate equally with the other shares in the profits and the amounts paid by the advanced shareholders, together with such proportion of the profits accrued or such rate of interest as said bylaws may determine, the same as allowed on shares withdrawn not advanced upon, less all fines and a proportionate part of losses and other charges incurred.
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Legislative History
Mar. 3, 1901, 31 Stat. 1299, ch. 854, § 694
Nearby Sections
15
§ 26-1001
Definitions.§ 26-1002
License required.§ 26-1003
Exemptions.§ 26-1004
License qualifications.§ 26-1006
License application.§ 26-1007
Bond or other security device.§ 26-1008
Application fee.§ 26-1009
Issuance of license.§ 26-1011
Special reporting requirements.§ 26-1012
Changes in control of a licensee.§ 26-1013
Examinations.§ 26-1014
Maintenance of records.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 26-209, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/26-209.