§ 106.101. Provision of Different Rates of Return.  


Latest version.
  • The associations may pay a different rate of return on investment certificates or shares in each class. The determination of such rates of return shall be made in accordance with the requirements of Section 7400, et seq., Chapter 11, Part 1 of the law.
    In matters of transfer, cancellation and withdrawal the associations shall be guided by the provisions of Chapter 7, Part 1 of the law and by other applicable State statutes and regulations.
HISTORY
1. Change without regulatory effect renumbering former Section 211 to Section 106.101 (Register 87, No. 14). For prior history, see Register 83, No. 4.

Note

Note: Authority cited: Section 5255, Financial Code. Reference: Section 6403, Financial Code.