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" Exemption shall not be denied any such corporation because it has capital stock, if the dividend rate of such stock is fixed at not to exceed the legal rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on... "
Compilation of the Social Security Laws - Page 318
by United States. Congress. House. Committee on Ways and Means - 1961 - 504 pages
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Compilation of the social security laws. 1968

United States - Social security - 1939
...paragraph (1) (d) thereof), and premiums (including deposits and assessments) does not exceed $150,000. (16) Corporations organized by an association subject...whichever is greater, on the value of the consideration from which the stock was issued, and if substantially all such stock (other than non voting preferred...
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Social Security: Mar. 20-24, 27, 29-31, Apr. 1, 3-7, 1939

United States. Congress. House. Committee on Ways and Means - Insurance, Unemployment - 1939
...expenses. "(15) Corporations organized by an association exempt under the provisions of paragraph (14), or members thereof, for the purpose of financing the...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was...
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The Code of Federal Regulations of the United States of America Having ...

Administrative law - 1939
...— l (13) Corporations organized by an association exempt under the provisions of paragraph (12), or members thereof, for the purpose of financing the...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was...
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Social Security: Hearings, Feb. 1-4, 6-8, 10, 13, 15-17, 20-22, 1939

United States. Congress. House. Committee on Ways and Means - Insurance, Unemployment - 1939
...to them at actual cost, plus necessary expenses. Exemption shall not be denied any such association because it has capital stock, if the dividend rate...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was...
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Investigation of Concentration of Economic Power: Monograph

United States. Temporary National Economic Committee - 1941
...automobiles. • "An association which has capital stock will not for such reason be denied exemption (1) if the dividend rate of such stock is fixed at not...consideration for which the stock was issued, and (2) if substantially all of such stock * * * is owned by producers who market their products or purchase...
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The Code of Federal Regulations of the United States of ..., Volumes 18-30

Administrative law - 1939
...to them at actual cost, plus necessary expenses. Exemption shall not be denied any such association because It has capital stock, If the dividend rate...rate of Interest in the State of incorporation or 8 per centum per annum,, whichever Is greater, on the value of the consideration for which the stock...
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Investigation of Concentration of Economic Power, Issue 1; Issue 4; Issues 9-11

United States - 1940
...automobiles. 4 "An association which has capital stock will not for such reason be denied exemption (1) if the dividend rate of such stock is fixed at not...rate of interest in the State of incorporation or S percent per annum, whichever is greater, on the value of the consideration for which the stock was...
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United States Code

United States - Law - 1965
...paragraph (1) (D) thereof) and premiums (including deposits and assessments) does not exceed $150,000. (16) Corporations organized by an association subject...issued, and if substantially all such stock (other than non voting preferred stock, the owners of which are not entitled or permitted to participate, directly...
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United States Code: Containing the General and Permanent Laws of the United ...

United States - Law - 1953
...taxes. (13) Corporations organized by an association exempt under the provisions of paragraph (12), or members thereof, for the purpose of financing the...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was...
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Legal Phases of Cooperative Associations

Lyman Spaulding Hulbert - Agriculture, Cooperative - 1942 - 456 pages
...paragraph;" (13) Corporations organized by an association exempt under the provisions of paragraph (12), or members thereof, for the purpose of financing the...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was...
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