C.F.R. » Title 12 » CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY › PART 5—RULES, POLICIES, AND PROCEDURES FOR CORPORATE ACTIVITIES › Subpart E—Payment of Dividends by National Banks

12 C.F.R. § 5.61

Definitions

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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.