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57 chapters · 488 sections in this title.
R.I. Gen. Laws § 19-3-1. Law generally applicable to financial institutions
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Every financial institution shall have the powers, rights, and privileges, and be subject to all the duties, restrictions, and liabilities, conferred and imposed upon it by this title, and in addition shall have all the powers, rights, and privileges, and be subject to all the du…
R.I. Gen. Laws § 19-3-10. Membership in federal home loan banks
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Any financial institution, including a credit union, may become a member of a federal home loan bank organized pursuant to the provisions of the Federal Home Loan Bank Act, 12 U.S.C. § 1421 et seq., and may subscribe to the stock of any federal loan bank and invest therein.
R.I. Gen. Laws § 19-3-11. Reserve requirements of the Federal Reserve System
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Every financial institution within this state shall maintain reserves as required by the provisions with respect to reserve funds and reserve balances contained in the Federal Reserve Act, 12 U.S.C. § 221 et seq., and in the rules, regulations, orders, and rulings from time to ti…
R.I. Gen. Laws § 19-3-12. Authorized reserve agents
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Reserve agents shall only include financial institutions or national banking associations in, and members of the clearing house association of, the city of Providence; and national banks, federally insured corporate central credit unions located within the six (6) New England sta…
