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

R.I. Gen. Laws § 7-8-23: Impairment of solvency prohibited.

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Where this section sits in the code
  1. Title 7 Corporations, Associations, and Partnerships
  2. Chapter 8 Consumers’ Cooperatives

No purchase or recall shall be made by the directors under § 7-8-20 or any other section if to do so would impair the solvency of the association.

Collected 2026-09-05T19:15:34Z. Source file · JSON

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