Pub. L. 95-22, tit. III, sec. 310

Pub. L. 95-22, tit. III, sec. 310

EnactedYear: 1977Length: 99 wordsOfficial source
Sec. 310. Section 117 of the Federal Credit Union Act (12 U.S.C. 1763) is amended to read as follows: “Dividends “Sec. 117. At such intervals as the board of directors may authorize, and after provision for required reserves, the board may declare, pursuant to such regulations as may be issued by the Administrator, a dividend to be paid at different rates on different types of shares and at different rates and maturity dates in the case of share certificates. Dividend credit may be accrued on various types of shares and share certificates as authorized by the board of directors.”.
Pub. L. 95-22, tit. III, sec. 310 | Justis AI