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2017 Nevada Revised Statutes
Chapter 673 - Savings and Loan Associations
NRS 673.336 - Restrictions on declaration of dividends.
Universal Citation: NV Rev Stat § 673.336 (2017)
No board of directors of a savings and loan association shall knowingly declare to its stockholders a greater dividend than has actually been earned by the association after providing adequate reserves to meet any other contingent liabilities.
(Added to NRS by 1957, 759)
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