Limitations upon the return on capital

  1. Law
  2. District of Columbia Code
  3. Business Organizations. [Enacted title]
  4. General Cooperative Associations
  5. Limitations upon the return on capital

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(a) The return upon capital shall not exceed 6% per annum upon the paid-up capital and shall be noncumulative.

(b) Total return upon capital distributed for any single period shall not exceed 50% of the net savings for that period.

(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)

Prior Codifications

2001 Ed., § 29-922.

1981 Ed., § 29-1122.

1973 Ed., § 29-822.

Section References

This section is referenced in § 29-931.


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