As the bylaws may provide and, pursuant to such regulations as may be issued by the Oklahoma State Credit Union Board, the board of directors of a credit union may declare a dividend to be paid at different rates on different types of accounts from current income, after providing for required transfers to the statutory reserve, plus any available balances in undivided earnings.

Laws 1941, p. 15, § 13; Amended by Laws 1968, c. 187, § 3; Amended by Laws 1970, c. 321, § 10; Amended by Laws 1974, c. 267, § 6; Amended by Laws 1988, c. 66, § 3, emerg. eff. March 25, 1988; Amended by Laws 1974, c. 66, § 4 (repealed by Laws 1974, c. 267, § 12); Amended by Laws 1999, c. 28, § 2, eff. April 5, 1999 (superseded document available).