12 C.F.R. § 5.61   Definitions.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 5—RULES, POLICIES, AND PROCEDURES FOR CORPORATE ACTIVITIES
Subpart E—Payment of Dividends

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§ 5.61   Definitions.

For the purposes of subpart E, the following definitions apply:

(a) Capital stock, capital surplus, and permanent capital have the same meaning as set forth in §5.46.

(b) Retained net income means the net income of a specified period less the total amount of all dividends declared in that period.

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