GroundRules
12 CFR 5.61: Definitions.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
- PART 5—RULES, POLICIES, AND PROCEDURES FOR CORPORATE ACTIVITIES
- Subpart E—Payment of Dividends by National Banks
For the purposes of subpart E, the following definitions apply:
(a) Capital stock, capital surplus, and permanent capital have the same meaning as set forth in § 5.46.
(b) Retained net income means the net income of a specified period less the total amount of all dividends declared in that period.
Collected 2026-08-27T02:24:16Z. Source file · JSON