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Rhode Island · Through site files published 2025-08-13 · Newer source version available

R.I. Gen. Laws § 19-13-10: Emergency powers of the director.

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Where this section sits in the code
  1. Title 19 Financial Institutions
  2. Chapter 13 Banking Emergencies

In the interest of the protection of depositors in financial institutions or credit unions, the director is authorized to waive, in whole or in part, any provisions of this title relating to public hearings and/or public notice that would hinder or prevent the merger, consolidation, purchase of assets and assumption of liabilities, or other acquisition of a financial institution or credit union that is in danger of insolvency or that has been closed by the proclamation of a banking emergency in accordance with the provisions of this chapter. All waivers shall be made public as to the final decision or disposition within ninety (90) days after the waiver is granted.

Collected 2026-09-05T19:56:12Z. Source file · JSON

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