GroundRules
PUC § 3090
Where this section sits in the code
- Public Utilities Code - PUC
- DIVISION 1. REGULATION OF PUBLIC UTILITIES [201. - 3299.100.]
- PART 4. PRODUCTION AND TRANSMISSION OF PUBLIC UTILITY COMMODITIES AND SERVICES [3001. - 3255.]
- CHAPTER 1. Gas Producers’ Cooperative Associations [3001. - 3224.]
- ARTICLE 5. Bylaws [3081. - 3092.]
The bylaws may prescribe the amount of any dividends which may be declared on the stock or membership capital, which shall not exceed 8 percent per annum, shall be in the nature of interest, and shall not affect the nonprofit character of any association.
Collected 2026-09-14T05:56:33Z. Source file · JSON