Revised Code of Washington - RCW Title 23 Corporations And Associations (Profit) (Business Corporation Act: See Title 23b Rcw) - Section 23.86.170 Distribution of dividends

§ 23.86.170. Distribution of dividends

The profits or net earnings of such association shall be distributed to those entitled thereto at such time and in such manner not inconsistent with this chapter as its bylaws shall prescribe, which shall be as often as once a year.

[1913 c 19 § 14; RRS § 3917. Formerly RCW 23.56.170.]

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Last modified: April 7, 2009