2013 Rhode Island General Laws
Title 19 - Financial institutions
Chapter 19-2 - Creation and Expansion
Section 19-2-1 - Agreement to form financial institution.
§ 19-2-1 Agreement to form financial institution. – Fifteen (15) or more persons, all of whom shall be citizens and residents of this state, who associate themselves by a written agreement to form, may, upon compliance with the provisions of this chapter, become a financial institution, with all the powers, rights, and privileges, and subject to all of the duties, restrictions, and liabilities set forth in this title and in all laws relating to financial institutions.
History of Section.
(P.L. 1995, ch. 82, § 39.)
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