A. At such intervals and for such periods as the bylaws provide and after provision for the required reserves, the board of directors may declare dividends on share accounts from the undivided earnings or other funds set aside for dividends.
B. Dividends may be paid at different rates on different types of share accounts and at different rates and maturity dates in the case of share certificates.
C. Dividend credit may be accrued on shares as authorized by the board of directors.
D. The rates of dividends and terms of payment may be declared in advance by the board of directors.
E. In no event shall a dividend be paid if, after the payment thereof, the liabilities of the credit union would exceed its assets.