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S-39 - Stock-breeding Syndicates Act
Section 28
Disposition versions
28. The general meeting, taking such statement as a basis, shall determine the amount of the dividends which it shall declare.
The syndicate may have a reserve fund equal to the subscribed capital. So long as the syndicate does not have such reserve fund, the total amount of dividends declared yearly shall not exceed 6 % on the paid-up capital.
