TITLE 7
Corporations, Associations, and Partnerships

CHAPTER 7-7
Producers' Cooperatives

SECTION 7-7-13


§ 7-7-13 Restriction on dividends.

No association formed under this chapter shall pay over eight percent (8%) per annum on its capital stock or membership capital.

History of Section.
(P.L. 1928, ch. 1202, § 6; G.L. 1938, ch. 117, § 6; G.L. 1956, § 7-7-13.)