57 chapters · 488 sections in this title.
R.I. Gen. Laws § 19-11-1. Appointment of conservator on application by stockholders or directors
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Whenever any financial institution or credit union shall petition the director for the appointment of a conservator of its property, assets, and affairs for the benefit of its depositors and other creditors, and in order to provide an opportunity for a reorganization of its affai…
R.I. Gen. Laws § 19-11-10. Payment of expense of conservatorship
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The compensation of the conservator and of legal counsel, assistants, and other employees of the conservator and all other expenses incident to each conservatorship, including costs and expenses incurred by the director, or the director’s designee, in relation to the conservators…
R.I. Gen. Laws § 19-11-11. Termination of conservatorship
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If the director, or the director’s designee, shall at any time be satisfied that the further continuance of any conservatorship is no longer necessary or desirable, the director, or the director’s designee, may terminate the conservatorship and direct the conservator to surrender…
R.I. Gen. Laws § 19-11-12. Superseding receivership
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Nothing in this chapter, and no appointment or continuance of a conservator under this chapter, shall abridge or affect, or be so construed as to abridge or affect, the right, power, and authority of the director, or the director’s designee, at any time to institute proceedings i…