Oklahoma § 6-2013 - Dividends
Full text of Oklahoma Oklahoma Statutes § 6-2013 — Dividends, with citation guidance and answers to common questions.
§ 6-2013. Dividends
As the bylaws may provide and, pursuant to such regulations as
may be issued by the Oklahoma State Credit Union Board, the board of
directors of a credit union may declare a dividend to be paid at
different rates on different types of accounts from any available
balances in undivided earnings. If undivided earnings are depleted,
dividends can only be paid upon prior written approval of the
Commissioner.
Added by Laws 1941, p. 15, § 13. Amended by Laws 1968, c. 187, § 3;
Laws 1970, c. 321, § 10; Laws 1974, c. 267, § 6; Laws 1988, c. 66, §
3, emerg. eff. March 25, 1988; Laws 1999, c. 28, § 2, emerg. eff.
April 5, 1999; Laws 2001, c. 59, § 4, eff. Nov. 1, 2001.
NOTE: Laws 1974, c. 66, § 4 repealed by Laws 1974, c. 267, § 12.
Frequently Asked Questions About Oklahoma § 6-2013
What does Oklahoma Statutes § 6-2013 cover?
Section 6-2013 ("Dividends") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 6-2013?
A common citation format is "Oklahoma Statutes § 6-2013" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 6-2013 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.