Financial Code section 14901

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.

Source: Section 14901, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=14901. (updated Jan. 1, 1999; accessed Jun. 9, 2025).

14900
14901
14902
14905

Last Updated

Jan. 1, 1999

§ 14901’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_14901

Original Source: Section 14901, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=14901. (last accessed May 12, 2025).