Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 3. Commerce, Community, and Economic Development. |
Part 3.1. Banking, Securities, Small Loans and Corporations. |
Chapter 3.03. Credit Unions. |
Article 3.03.2. Credit Union Practices. |
Section 3.03.115. Shares.
Latest version.
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(a) Types of Accounts. The board of directors may offer types of share accounts which best meet the needs of the members. (b) Dividends. Varying dividends may be paid on different types of accounts and at different intervals if sufficient amounts have been accrued to pay dividends earned or contracted for.
Authorities
06.45.010;06.45.060;06.45.190