™Your Policy Risk Impact Agent
27 chapters · 850 sections in this title.
R.I. Gen. Laws § 7-5.2-1. Short title
0.1K chars
This chapter shall be known and may be cited as the “Business Combination Act of 1990”.
R.I. Gen. Laws § 7-5.2-2. Legislative findings
0.7K chars
The general assembly finds and declares that: (1) The hostile takeover of publicly held domestic corporations by business combinations is generally not in the public interest; (2) A permissive statutory method should be established under which domestic, publicly owned corporation…
R.I. Gen. Laws § 7-5.2-3. Definitions
15.6K chars
As used in this chapter, unless the context requires otherwise, the term: (1) “Affiliate” means a person who directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, a specified person. (2) “Announcement date”, wh…
R.I. Gen. Laws § 7-5.2-4. Approval of acquisitions
8.1K chars
(a) Notwithstanding anything contained in this chapter to the contrary, except the provisions of § 7-5.2-5, no resident domestic corporation shall engage in any business combination with any interested shareholder of the resident domestic corporation for a period of five (5) year…
