{"data":{"id":"us-ca/puc-3090","jurisdiction":"us-ca","citation":"PUC § 3090","heading":"","body":"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.","path":["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.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"18d53b18795ae9701ef7f797cdf1c97179eaf84dc5e00fae2e5177fa39480105","source_id":"us-ca","stale":false,"prev":"us-ca/puc-3089","next":"us-ca/puc-3091"},"notice":"GroundRules: Original legal text. Not legal advice."}