[§421C-19]  Limitations oninterest-dividends.  (a)  Interest-dividend interest on share or membershipcapital shall not exceed the current annual Consumer Price Index percentageincrease, or eight per cent, whichever is greater.  Interest on loans by membersto the association shall not be limited by this section.

(b)  Total interest-dividends distributed forany single period shall not exceed thirty per cent of the net savings for thatperiod.  Interest-dividends are noncumulative and the association shall havethe right to confiscate all interest-dividends not claimed within six monthsafter the notice of the distribution has been made by either mail or byprominent sign in all the association's locations. [L 1982, c 97, pt of §2]