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57 chapters · 488 sections in this title.
R.I. Gen. Laws § 19-10.1-1. Power to convert financial institution with capital stock to a general business corporation or other entity
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Any financial institution with capital stock chartered under the laws of this state and that is solvent may, upon notice to the director, or the director’s designee, pursuant to § 19-10.1-2 and subject to the approval of the director, or the director’s designee, convert to and be…
R.I. Gen. Laws § 19-10.1-2. Notice of conversion
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Whenever a vote is taken pursuant to § 19-10.1-1 by a financial institution with capital stock to convert such financial institution into a corporation organized under the Rhode Island Business Corporation Act, it shall be the duty of the board of directors or trustees thereof to…
R.I. Gen. Laws § 19-10.1-3. Delivery of unclaimed funds and property to general treasurer
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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 sh…
