There is a newer version of the Rhode Island General Laws
2013 Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-7 - Producers' Cooperatives
Section 7-7-13 - Restriction on dividends.
RI Gen L § 7-7-13 (2013) What's This?
§ 7-7-13 Restriction on dividends. – No association formed under this chapter shall pay over eight percent (8%) per annum on its capital stock or membership capital.
History of Section.
(P.L. 1928, ch. 1202, § 6; G.L. 1938, ch. 117, § 6; G.L. 1956, § 7-7-13.)
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