(a) The return upon capital shall not exceed 6% per annum upon the paid-up capital and shall be noncumulative.
(b) Total return upon capital distributed for any single period shall not exceed 50% of the net savings for that period.
D.C. Code § 29-922
Limitations upon the return on capital
Known as the General Cooperative Association Act
The act spans §§ 29-901 to 29-939 (39 sections).
July 2, 2011, D.C
Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.