ARTICLE 2. Dividends [14900. - 14905.]

Article 2 added by Stats. 1979, Ch. 112.

§§ 14900–14905 · 4 sections

• § 14900 Dividends need not be paid on a share account having less than the minimum balance prescribed in the bylaws.
• § 14901 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…
• § 14902 The directors of any credit union may, for the dividend period, declare dividends from its undivided profits as provided by law, but no credit union shall…
• § 14905 Amounts paid or credited by a credit union to its members or depositors on or before the 30th day after the close of its income year shall be deemed for all…