§ 5.61. Definitions.
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/us/cfr/t12/s§ 5.61·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For the purposes of subpart E, the following definitions apply:
(a)Capital stock, capital surplus, and permanent capital have the same meaning as set forth in § 5.46.
(b)Retained net income means the net income of a specified period less the total amount of all dividends declared in that period.