Delaware Code Title 5 Sec. 1907 – Withdrawal value of shares
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The withdrawal value paid in any 1 fiscal year to any shareholder of a building and loan association, after having paid all dues, interest, premiums, fines and membership fees due by the shareholder for a period of 1 year or more, shall be computed upon a uniform basis in respect to all such withdrawals in the fiscal year.
32 Del. Laws, c. 107, § ?6; Code 1935, § ?2341; 5 Del. C. 1953, § ?1907; 84 Del. Laws, c. 42, § 64;
Terms Used In Delaware Code Title 5 Sec. 1907
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Year: means a calendar year, and is equivalent to the words "year of our Lord. See Delaware Code Title 1 Sec. 302