51A-6A-27. Dividends not permitted from required capital.
26 words·~1 min read·
/sd/title-51/chapter-51-6/51a-6a-27·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A trust company may not permit to be withdrawn, in the form of dividends, any portion of its capital required under §§ 51A-6A-19 and 51A-6A-19.1 .