Distribution of Profits.
Section 29
SEC. 29. Distribution of Profits. — A pre-need company may declare divided: Provided, That the following shall remain unimpaired, as certified under oath by the president and the treasurer with respect to items (a) and (b); and in the case of item (c), by the trust officer: One hundred percent (100%) of the capital stock; An amount sufficient to pay all net losses reported, or in the course of settlement, and all liabilities for expenses and taxes; and Trust fund. Any dividend declared under the preceding paragraph shall be reported to the Commission within thirty (30) days after such declaration.