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NORTH CAROLINA STATUTES AND CODES
§ 54-127. Time of allocation.
§54‑127. Time of allocation.
The profits or net earnings ofsuch association shall be allocated to those entitled thereto, at such times asthe bylaws shall prescribe, which shall be as often as once in 12 months. (1915,c. 144, s. 14; C.S., s. 5258; 1985, c. 542, s. 7.)
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