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2014 Kansas Statutes
Chapter 17 CORPORATIONS
Article 54 SAVINGS AND LOAN CODE; CAPITAL
17-5409 Net worth accounts.
KS Stat § 17-5409 (2014) What's This?
17-5409. Net worth accounts. On the semiannual closing date, after payment of or provision for all expenses, and the payment of dividends or interest on withdrawable capital, each association shall transfer the balance of earnings to the net worth accounts.
History: L. 1943, ch. 133, § 67; L. 1953, ch. 134, § 1; L. 1981, ch. 105, § 3; July 1.
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