7 Pa. Stat. § 509
Current through Pa Acts 2024-53, 2024-56 through 2024-79
A mutual savings bank may accumulate and retain a surplus not in excess of twenty-five percent of the aggregate of its deposits. If its surplus should exceed such amount at the end of any fiscal year, its board of trustees shall divide such excess pro rata among the depositors holding accounts on the last day of such fiscal year.
7 P.S. § 509