Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 1 - Banking, Securities, Small Loans and Corporations
Chapter 03 - Credit Unions
Article 2 - Credit Union Practices
3 AAC 03.150 - Interest refund

Universal Citation: 3 AK Admin Code 03.150
Current through February 24, 2025

The board of directors of a credit union may authorize an interest refund to members at the close of any dividend period after dividends have been declared and amounts have been set aside to pay such dividends. An interest refund may vary and be paid according to reasonable classifications of loans.

Authority:AS 06.45.010

AS 06.45.120(b)(7)

Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.