GroundRules
R.I. Gen. Laws § 7-1.2-1319: Discontinuance of liquidation proceedings.
Where this section sits in the code
- Title 7 Corporations, Associations, and Partnerships
- Chapter 1.2 Rhode Island Business Corporation Act
- Part 13 Dissolution and Revocation
The liquidation of the assets and business of a corporation may be discontinued at any time during the liquidation proceedings when it is established that cause for liquidation no longer exists. In the event that the court dismisses the proceedings, it shall direct the receiver to redeliver to the corporation all its remaining property and assets, and shall order any notice to creditors that the court deems proper under the circumstances.
Collected 2026-09-05T18:51:49Z. Source file · JSON