2013 Rhode Island General Laws
Title 19 - Financial institutions
Chapter 19-10.1 - Conversion of Financial Institution to General Business Corporation
Section 19-10.1-3 - Delivery of unclaimed funds and property to general treasurer.
§ 19-10.1-3 Delivery of unclaimed funds and property to general treasurer. – 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 shall, prior to the conversion to a general business corporation, be delivered to the General Treasurer of this state as unclaimed property.
History of Section.
(P.L. 2005, ch. 206, § 1; P.L. 2005, ch. 335, § 1.)
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