Restriction on dividends.

  1. Law
  2. Rhode Island General Laws
  3. Corporations, Associations and Partnerships
  4. Consumers' Cooperatives
  5. Restriction on dividends.

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The return upon capital shall not exceed six percent (6%) per year upon the paid up capital and is noncumulative.

History of Section.
P.L. 1947, ch. 1976, § 15; G.L. 1956, § 7-8-16.


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