law: State Financial Corporations Act, 1951 
  35. Disposal of profits 
  (1) The Financial Corporation shall establish a reserve fund.
  (2) After making provision for bad and doubtful debts,
  
  depreciation of assets and all other matters which are usually provided for by
  
  banking companies, the Financial Corporation may out of its net annual profits
  
  declare a dividend:
  PROVIDED  that for so long as the reserve fund is less
  
  than the paid-up share capital of the Financial Corporation and until there has
  
  been repaid to the State Government such sum, if any, as that Government may
  
  have paid under guarantee given in pursuance of section 6, or section 7 or
  
  section 8, the rate of such dividend shall not exceed the rate guaranteed by
  
  the State Government under section 6.