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2022 District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 9 - General Cooperative Associations
§ 29–922. Limitations upon the return on capital
Universal Citation:
DC Code § 29–922 (2022)
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§ 29–922. Limitations upon the return on capital.
(a) The return upon capital shall not exceed 6% per annum upon the paid-up capital and shall be noncumulative.
(b) Total return upon capital distributed for any single period shall not exceed 50% of the net savings for that period.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
Prior Codifications2001 Ed., § 29-922.
1981 Ed., § 29-1122.
1973 Ed., § 29-822.
Section ReferencesThis section is referenced in § 29-931.
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