Wis. Admin. Code Department of Financial Institutions DFI-CU 60.02

Current through November 25, 2024
Section DFI-CU 60.02 - Dividend periods
(1) The board of directors shall establish the dividend periods applicable to each classification of members savings. Dividends may be calculated on the basis of any time period, from a minimum period of daily to a maximum period of annually.
(2) Dividends on each classification of members savings shall be calculated and paid in a consistent manner on all accounts complying with the requirements of that class.

Wis. Admin. Code Department of Financial Institutions DFI-CU 60.02

CR Register, April, 1982, No. 316, eff. 5-1-82.