2013 Rhode Island General Laws
Title 19 - Financial institutions
Chapter 19-3.1 - Trust Powers
Section 19-3.1-1 - Scope.
§ 19-3.1-1 Scope. – The provisions of this chapter shall apply to any financial institution:
(1) Authorized by its agreement to form to exercise trust powers;
(2) Permitted to exercise such powers by laws of this state applicable to that financial institution on or before December 31, 1994; and
(3) To any bank or trust company duly organized under the laws of and carrying on business in another state that has established a trust branch office in this state subject to the provisions of § 19-3.1-6 of this chapter.
History of Section.
(P.L. 1995, ch. 82, § 41; P.L. 2003, ch. 174, § 2; P.L. 2003, ch. 178, § 2.)
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