Revised Code of Washington - RCW Title 33 Savings And Loan Associations - Section 33.48.090 Dividends only if interest paid on deposits

§ 33.48.090. Dividends only if interest paid on deposits

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.

Sections:  Previous  33.48.025  33.48.030  33.48.040  33.48.080  33.48.090  33.48.100  33.48.110  33.48.120  33.48.130  33.48.140  33.48.150  33.48.160  33.48.170  33.48.180  33.48.190  Next

Last modified: April 7, 2009