Whenever any financial institution with capital stock coverts to and becomes a general business corporation pursuant to § 19-10.1-1 while holding upon deposit or for safekeeping any funds or other property of any description pursuant to its powers under § 19-3-1, such property shall, prior to the conversion to a general business corporation, be delivered to the general treasurer of this state as unclaimed property.
Delivery of unclaimed funds and property to general treasurer
R.I. Gen. Laws § 19-10.1-3., under Chapter 19-10.1 Conversion of Financial Institution to General Business Corporation.
R.I. Gen. Laws § 19-10.1-3.