Statutes > Rhode Island Statutes > Title 7 - Corporations, Associations and Partnerships > CHAPTER 7-7 - Producers' Cooperatives > § 7-7-13 - Restriction on dividends.

§ 7-7-13 - Restriction on dividends.

SECTION 7-7-13

   § 7-7-13  Restriction on dividends. –No association formed under this chapter shall pay over eight percent (8%) perannum on its capital stock or membership capital.