There Is a Newer Version
of
the Rhode Island General Laws
2005 Rhode Island Code - § 39-3-22 — Security dividends – Distribution of proceeds of securities.
No public utility shall declare any stock, bond, or scrip dividend or divide
the proceeds of the sale of any stock, bond, or scrip among its stockholders
without the consent and permission of the division.
Disclaimer: These codes may not be the most recent version. Rhode Island may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
