§ 1239.33 - Dividends.

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Related Notices
- 2015-29367. Final rule. 2015-29367. Responsibilities of Boards of Directors, Corporate Practices and Corporate Governance Matters
- 2014-01173. Proposed rule; with request for comments. 2014-01173. Responsibilities of Boards of Directors, Corporate Practices and Corporate Governance Matters

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§ 1239.33 Dividends.

A Bank's board of directors may not declare or pay a dividend based on projected or anticipated earnings and may not declare or pay a dividend if the par value of the Bank's stock is impaired or is projected to become impaired after paying such dividend.

                    
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§ 1239.33 - Dividends.

§ 1239.33 Dividends.