dividends to policyholders
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 834 — for purposes of this part
The term “dividends to policyholders” means dividends and similar distributions paid or declared to policyholders. For purposes of the preceding sentence, the term “paid or declared” shall be construed according to the method regularly employed in keeping the books of the insurance company.