R.I. Gen. Laws § 7-8-16: Restriction on dividends.
Where this section sits in the code
- Title 7 Corporations, Associations, and Partnerships
- Chapter 8 Consumers’ Cooperatives
The return upon capital shall not exceed six percent (6%) per year upon the paid up capital and is noncumulative.
Collected 2026-09-05T19:14:59Z. Source file · JSON