Title 15 — Commerce and Trade
Chapter 4 — China Trade
§ 153. Dividends
Statutory text
Dividends declared by a China Trade Act corporation shall be derived wholly from the surplus profits of its business.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
China Trade Act, 1922
Pub. L. 67–346 § 13 · 42 Stat. 849
Enacted · 15 U.S.C. § 153
(Sept. 19, 1922, ch. 346, § 13, 42 Stat. 853.)
Source evidence
Code source credit
(Sept. 19, 1922, ch. 346, § 13, 42 Stat. 853.)Enacted provision · exact public law section
Sec. 13. dividends. Dividends declared by a China Trade Act corporation Dividends to be declared only from profits. shall be derived wholly from the surplus profits of its business.
1 of 1 references resolved to an enrolled provision
Credits
(Sept. 19, 1922, ch. 346, § 13, 42 Stat. 853.)