There is a newer version
of
this Section
2017 Rhode Island General Laws
Title 19 - Financial institutions
Chapter 19-4 - Regulatory Oversight
Section 19-4-15 - Examination of books to determine violations - Prosecution of offenses.
Universal Citation: RI Gen L § 19-4-15 (2017)
§ 19-4-15. Examination of books to determine violations - Prosecution of offenses.
(a) The director, or the director's designee, shall have authority to examine, at any time, the accounts, books, and papers of any person in the business of receiving money on deposit, in order to ascertain whether the person has violated or is violating any provision of this title.
(b) Any person carrying on an unauthorized banking business shall forfeit to the state one thousand dollars ($1,000) a day for every day or part thereof during which the violation continues.
History of Section.
(P.L. 1995, ch. 82, § 42.)
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
