Dividends only if interest paid on deposits.

  1. Law
  2. Revised Code of Washington
  3. Washington Savings Association Act
  4. Stock Associations.
  5. Dividends only if interest paid on deposits.

Checkout our iOS App for a better way to browser and research.

No dividend shall be paid or credited upon shares of stock for any period in which the association has not declared and paid interest on deposits eligible to receive interest.

[ 1982 c 3 § 95; 1955 c 122 § 10.]

NOTES:

Severability—1982 c 3: See note following RCW 33.04.002.


Download our app to see the most-to-date content.