TITLE 7
Corporations, Associations, and Partnerships

CHAPTER 7-8
Consumers' Cooperatives

SECTION 7-8-16


§ 7-8-16 Restriction on dividends.

The return upon capital shall not exceed six percent (6%) per year upon the paid up capital, and is noncumulative.

History of Section.
(P.L. 1947, ch. 1976, § 15; G.L. 1956, § 7-8-16.)