§ 1763. Dividends
686 words·~3 min read·
/usc/title-12/section-1763A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
At such intervals as the board of directors may authorize, and after provision for required reserves, the board of directors may declare a dividend to be paid at different rates on different types of shares, at different rates and maturity dates in the case of share certificates, and at different rates on different types of share draft accounts. Dividends credited may be accrued on various types of shares, share certificates, and share draft accounts as authorized by the board of directors. If the par value of a share exceeds $5, dividends shall be paid on all funds in the regular share account once a full share has been purchased.
(June 26, 1934, ch. 750, title I, § 117, formerly § 13, 48 Stat. 1221; renumbered § 18 and amended Pub. L. 86–354, § 1, Sept. 22, 1959, 73 Stat. 634; Pub. L. 90–188, § 2, Dec. 13, 1967, 81 Stat. 567; renumbered title I, § 117, Pub. L. 91–468, § 1(2), Oct. 19, 1970, 84 Stat. 994; amended Pub. L. 93–383, title VII, § 725, Aug. 22, 1974, 88 Stat. 720; Pub. L. 95–22, title III, § 310, Apr. 19, 1977, 91 Stat. 53; Pub. L. 95–630, title V, § 502(b), Nov. 10, 1978, 92 Stat. 3681; Pub. L. 96–221, title II, § 207(b)(10), title III, § 305(c), Mar. 31, 1980, 94 Stat. 144, 147; Pub. L. 97–320, title V, § 524, Oct. 15, 1982, 96 Stat. 1534.)
Connections13 cite this · traces to 2
Cited by 13 sections · top 11
statutes-at-large
- Public Law 93–380
- Public Law 90–184
- Public Law 95–22To extend the authority for the flexible regulation of interest rates on deposits and accounts in depository institutions
- Public Law 97–320To revitalize the housing industry by strengthening the financial stability of home mortgage lending institutions and ensuring the availability of home mortgage loans
- Public Law 96–221To facilitate the implementation of monetary policy, to provide for the gradual elimination of all limitations on the rates of interest which are payable on deposits and accounts, and to authorize interest-bearing transaction accounts, and for other purposes
statute-compilations
Traces to 2 documents
30 references not yet in our index
- June 26, 1934, ch. 750
- 48 Stat. 1221
- Pub. L. 86–354, § 1
- 73 Stat. 634
- Pub. L. 90–188, § 2
- 81 Stat. 567
- Pub. L. 91–468, § 1(2)
- 84 Stat. 994
- Pub. L. 93–383, title VII, § 725
- 88 Stat. 720
- Pub. L. 95–22, title III, § 310
- 91 Stat. 53
- Pub. L. 95–630, title V, § 502(b)
- 92 Stat. 3681
- Pub. L. 96–221, title II, § 207(b)(10)
- 94 Stat. 144
- Pub. L. 97–320, title V, § 524
- 96 Stat. 1534
- Pub. L. 97–320
- Pub. L. 96–221, § 207(b)(10)
- Pub. L. 96–221, § 305(c)
- Pub. L. 95–630
- Pub. L. 95–22
- Pub. L. 93–383
- Pub. L. 90–188
- Pub. L. 86–354
- Pub. L. 96–221, title II, § 207(b)
- section 305(c) of Pub. L. 96–221
- section 306 of Pub. L. 96–221
- section 509 of Pub. L. 95–630
Citation graph
cites case law
§ 1763
Dividends
Stat.×7
Fed. Reg.×3
C.F.R.×1
Stat. Comp.×1
U.S.C.×1
ActJune 26, 1934, ch. 750
Stat.48 Stat. 1221
Pub. L.Pub. L. 86–354, § 1
Stat.73 Stat. 634
Pub. L.Pub. L. 90–188, § 2
Cites 32 · showing 7Cited by 13 across 5 sources