Statute · California Financial Code
Cal. Fin. Code § 14901 — Dividends
Cal. Fin. Code § 14901
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1999-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Fin. Code § 14901 — Dividends is in force in the current edition of the Code, and nothing recorded condemns it.
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.