12 U.S.C. § 626
Sections in this chapter
- § 1
- § 2
- § 3
- § 4
- § 5
- § 6
- § 7
- § 8
- § 9
- § 601
- § 602
- § 603
- § 604
- § 604a
- § 605
- § 611
- § 611a
- § 612
- § 613
- § 614
- § 615
- § 616
- § 617
- § 618
- § 619
- § 620
- § 621
- § 622
- § 623
- § 624
- § 625
- § 626
- § 627
- § 628
- § 629
- § 630
- § 631
- § 632
- § 633
- § 635
- § 635a
- § 635c
- § 635b
- § 635d
- § 635e
- § 635f
- § 635g
- § 635h
- § 635j
- § 635k
- § 635l
- § 635n
- § 635m
- § 635o
- § 635p
- § 635q
- § 635r
- § 635s
- § 635t
§ 626. Dividends; surplus fund
The directors of any corporation organized under the provisions of this subchapter may, semiannually, declare a dividend of so much of the net profits of the corporation as they shall judge expedient; but each corporation shall, before the declaration of a dividend, carry one-tenth of its net profits of the preceding half year to its surplus fund until the same shall amount to 20 per centum of its capital stock.
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