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Structural division: books › CHAPTER SIX
Article 529 — Fictitious Dividends
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ Members may be required to repay dividends which have been paid out of sums which are not actual profits.
2/ Claims for repayment of fictitious dividends shall be barred by a period of limitation after five years from the date the dividends were paid.