After allocations to required reserves, a credit union may declare dividends on general shares, membership shares, or both, at the discretion of its board of directors and as its bylaws provide.
Mo. Rev. Stat. § 370.330
Dividends, when declared — how paid
Effective: 28 Aug 1984; (RSMo 1939 § 5538, A.L. 1965 p. 569, A.L. 1969 H.B. 117, A.L. 1984 H.B. 962)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.