Cal. Fin. Code § 14901

Current through the 2024 Legislative Session.

Section 14901 - Rates and terms of payment

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.

Ca. Fin. Code § 14901

Amended by Stats. 1998, Ch. 539, Sec. 34.7. Effective January 1, 1999.