Other LanguagesAGO 1952 NO. 291 >
Trustees of a mutual savings bank may equalize dividends by using accumulated undivided profits which are not required for expenses, reserves or the guaranty fund, without incurring personal liability therefor.
Nick Brown
Trustees of a mutual savings bank may equalize dividends by using accumulated undivided profits which are not required for expenses, reserves or the guaranty fund, without incurring personal liability therefor.