Dividends, when declared — how paid.

  1. Law
  2. Missouri Revised Statutes
  3. Business and Financial Institutions
  4. Credit Unions
  5. Dividends, when declared — how paid.

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Effective - 28 Aug 1984

370.330. Dividends, when declared — how paid. — After allocations to required reserves, a credit union may declare dividends on general shares, membership shares, or both, at the discretion of its board of directors and as its bylaws provide.

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(RSMo 1939 § 5538, A.L. 1965 p. 569, A.L. 1969 H.B. 117, A.L. 1984 H.B. 962)

Prior revision: 1929 § 5096


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