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2022 Rhode Island General Laws
Title 19 - Financial Institutions
Chapter 19-11 - Conservatorship
Section 19-11-11. - Termination of conservatorship.
Universal Citation: RI Gen L § 19-11-11. (2022)
§ 19-11-11. Termination of conservatorship.
If the director, or the director’s designee, shall at any time be satisfied that the further continuance of any conservatorship is no longer necessary or desirable, the director, or the director’s designee, may terminate the conservatorship and direct the conservator to surrender possession of all property then in the conservator’s possession to the financial institution or credit union, and permit it to resume business, all upon the terms, conditions, restrictions, and limitations as the director, or the director’s designee, may prescribe.
History of Section.
P.L. 1995, ch. 82, § 49.
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