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

R.I. Gen. Laws § 19-7-7: Powers authorized.

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Where this section sits in the code
  1. Title 19 Financial Institutions
  2. Chapter 7 Interstate Banking, Interstate Branching and Bank Holding Company Mergers and Acquisitions

If organized under laws other than the laws of this state, a successor bank or purchasing bank shall have and may exercise within this state the powers and privileges granted to financial institutions. A successor financial institution or purchasing financial institution shall have and may exercise in this state the powers and privileges granted to it under the laws of this state, and, in any state under the laws of which one or more of its predecessor banks was organized or in which it operates a branch, the powers and privileges granted to it under the laws of that state or states.

Collected 2026-09-05T19:56:11Z. Source file · JSON

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