§ 29-922

D.C. Code § 29-922

Limitations upon the return on capital.

Effective Jul 2, 2011July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720
  1. (a) The return upon capital shall not exceed 6% per annum upon the paid-up capital and shall be noncumulative.
  2. (b) Total return upon capital distributed for any single period shall not exceed 50% of the net savings for that period.

History

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720

Prior Codifications

1973 Ed., § 29-822.

1981 Ed., § 29-1122.

2001 Ed., § 29-922.

Section References

This section is referenced in § 29-931.

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