Annual edition
Pub. L. 97–320 substituted “the board of directors may declare” for “the board may declare” and “Dividends credited” for “Dividend credit”, and inserted provision that if the par value of a share exceeds $5, dividends shall be paid on all funds in the regular share account once a full share has been published.
Source credit
Oct. 15, 1982, Pub. L. 97–320, title V, §524, 96 Stat. 1534.
Mar 31, 1980 – Oct 15, 1982
Amended · full text not held
Pub. L. 96–221, §207(b)(10), struck out “, pursuant to such regulations as may be issued by the Board,” after “declare”.
Source credit
Mar. 31, 1980, Pub. L. 96–221, title II, §207(b)(10), title III, §305(c), 94 Stat. 144, 147
Nov 10, 1978 – Mar 31, 1980
Amended · full text not held
Pub. L. 95–630 substituted “Board” for “Administrator”.
Source credit
Nov. 10, 1978, Pub. L. 95–630, title V, §502(b), 92 Stat. 3681
Apr 19, 1977 – Nov 10, 1978
Amended · full text not held
Pub. L. 95–22 substituted “the board may declare, pursuant to such regulations as may be issued by the Administrator, a dividend to be paid at different rates on different types of shares and at different rates and maturity dates in the case of share certificates” for “the board of directors may declare a dividend to be paid from the remaining net earnings” and “accrued on various types of shares and share certificates” for “accrued on shares” and struck out provision that such dividends shall be paid on all paid-up shares outstanding at the end of the period for which the dividend is declared and provision that shares which become fully paid up during such dividend period and are outstanding at the close of the period shall be entitled to a proportional part of such dividend.
Source credit
Apr. 19, 1977, Pub. L. 95–22, title III, §310, 91 Stat. 53
Aug 22, 1974 – Apr 19, 1977
Amended · full text not held
Pub. L. 93–383 substituted “At such intervals as the board of directors may authorize” for “Annually, semiannually, or quarterly, as the bylaws may provide”, and “Dividend credit may be accrued on shares as authorized by the board of directors” for “Dividend credit for a month may be accrued on shares which are or become fully paid up during the first ten days of that month”.
Source credit
amended Aug. 22, 1974, Pub. L. 93–383, title VII, §725, 88 Stat. 720
Oct 19, 1970 – Aug 22, 1974
Amended · full text not held
Source credit
renumbered title I, §117, Oct. 19, 1970, Pub. L. 91–468, §1(2), 84 Stat. 994
Dec 13, 1967 – Oct 19, 1970
Amended · full text not held
Pub. L. 90–188 inserted “or quarterly” after “semiannually” and substituted “ten” for “five”.
Source credit
Dec. 13, 1967, Pub. L. 90–188, §2, 81 Stat. 567
Sep 22, 1959 – Dec 13, 1967
Amended · full text not held
Pub. L. 86–354 authorized semiannual dividends, empowered the board of directors to declare them instead of only recommend them, and provided for dividend credit.
Source credit
renumbered §18 and amended Sept. 22, 1959, Pub. L. 86–354, §1, 73 Stat. 634
Jun 26, 1934 – Sep 22, 1959
Enacted · full text not held
Source credit
June 26, 1934, ch. 750, title I, §117, formerly §13, 48 Stat. 1221
Every enactment and amendment in this section's credit is listed. Full text is shown for versions back to 1982; earlier amendments are recorded by date and act, without pre-1994 full text.
