Section 3.03.150. Interest refund.  


Latest version.
  • The board of directors of a credit union may authorize an interest refund to members at the close of any dividend period after dividends have been declared and amounts have been set aside to pay such dividends. An interest refund may vary and be paid according to reasonable classifications of loans.  
    

Authorities

06.45.010;06.45.120

Notes


Authority
AS 06.45.010 AS 06.45.120(b)(7)
History
Eff. 1/21/81, Register 77