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2025 California Code
Financial Code - FIN
DIVISION 5 - CREDIT UNIONS
CHAPTER 6 - Share Accounts and Certificates for Funds
ARTICLE 2 - Dividends
Section 14901.
Universal Citation:
CA Fin Code § 14901 (2025)
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14901. The rates of dividends and terms of payment may be established in advance by action of the board of directors. However, nothing in this section shall be construed to permit any credit union to pay a dividend except as provided in Section 14902.
(Amended by Stats. 1998, Ch. 539, Sec. 34.7. Effective January 1, 1999.)
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