§ 14901
43 words·~1 min read·
/ca/financial-code/14901A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.