Indiana Statutes

§ 28-7-1-25 — Dividends

Indiana § 28-7-1-25
JurisdictionIndiana
Art. 7SPECIALIZED FINANCIAL INSTITUTIONS
Ch. 1Credit Unions

This text of Indiana § 28-7-1-25 (Dividends) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 28-7-1-25 (2026).

Text

Dividends may be declared by the board of directors, after making provision for the required reserves. The board of directors may declare separate dividend periods and rates for each type of share account. Formerly: Acts 1961, c.182, s.25; Acts 1969, c.133, s.8; Acts 1974, P.L.130, SEC.8. As amended by Acts 1979, P.L.267, SEC.4; P.L.263-1995, SEC.22.

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Indiana § 28-7-1-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-7-1-25.