Rhode Island Statutes

§ 7-7-13 — § 7-7-13. Restriction on dividends.

Rhode Island § 7-7-13
JurisdictionRhode Island
Title 7Corporations, Associations and Partnerships
Ch. 7-7Producers’ Cooperatives

This text of Rhode Island § 7-7-13 (§ 7-7-13. Restriction on dividends.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
R.I. Gen. Laws § 7-7-13 (2026).

Text

§ 7-7-13. Restriction on dividends.

No association formed under this chapter shall pay over eight percent (8%) per annum on its capital stock or membership capital.

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Legislative History

P.L. 1928, ch. 1202, § 6; G.L. 1938, ch. 117, § 6; G.L. 1956, § 7-7-13.

Nearby Sections

15
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Bluebook (online)
Rhode Island § 7-7-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/7-7-13.