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2022 Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-4 - Business Corporations — Officers, Directors, and Stockholders
Section 7-4-15. - Rights and liabilities surviving death of officer, director, or stockholder.
Universal Citation:
RI Gen L § 7-4-15. (2022)
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§ 7-4-15. Rights and liabilities surviving death of officer, director, or stockholder.
Except as otherwise provided in the general corporation law, any right of action against any officer, director, or stockholder of a corporation arising from any liability or penalty created or imposed by the provisions of the general corporation law survives the death of the person; and the right of contribution provided by this chapter exists in favor of the estate of the officer, director, or stockholder.
History of Section.
P.L. 1920, ch. 1925, § 46; G.L. 1923, ch. 248, § 46; G.L. 1938, ch. 116, § 46; G.L. 1956, § 7-4-15.
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