{"data":{"id":"us-ri/r.i.-gen.-laws-18-9.2-3","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 18-9.2-3","heading":"No retained interest of transferor.","body":"A qualified disposition shall be subject to § 18-9.2-4 of this chapter notwithstanding a transferor’s retention of any or all of the powers and rights described in subdivision 18-9.2-2(10)(ii) and the transferor’s service as investment advisor pursuant to subdivision 18-9.2-2(9)(iv). The transferor shall have only such powers and rights as are conferred by the trust instrument. Except as permitted by subdivisions 18-9.2-2(9)(iv) and 18-9.2-2(10)(ii), a transferor shall have no rights or authority with respect to the property that is the subject of a qualified disposition or the income therefrom, and any agreement or understanding purporting to grant or permit the retention of any greater rights or authority shall be void.","path":["Title 18 Fiduciaries","Chapter 9.2 Qualified Dispositions in Trust"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE18/18-9.2/18-9.2-3.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:56:08Z","sha256":"5b125a1deb098a55a115a40c0a143d3b54d5c01345bf12ca9550d7ec1e003b74","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-18-9.2-2","next":"us-ri/r.i.-gen.-laws-18-9.2-4"},"notice":"GroundRules: Original legal text. Not legal advice."}