{"data":{"id":"us-ri/r.i.-gen.-laws-19-33-16","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 19-33-16","heading":"Exemption.","body":"(a) For the purposes of this chapter, any federal- or state-chartered bank or credit union that originates a student education loan or acts as a servicer, and any wholly owned subsidiary of a bank or credit union, shall be exempt from the provisions of §§ 19-33-4, 19-33-6 through 19-33-11, inclusive, §§ 19-33-12(9), and 19-33-14.\n(b) Student loan servicers that are not banks or credit unions operating under federal or state charters, nor wholly owned subsidiaries thereof, that service student loans on behalf of state- or federal-chartered banks and credit unions, shall not be exempt from any section of this chapter.","path":["Title 19 Financial Institutions","Chapter 33 Student Loan Bill of Rights Act"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE19/19-33/19-33-16.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:56:16Z","sha256":"989e5d3df0f422af724837476516cfad525006dc2529020c4827e3719982c46d","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-19-33-15","next":"us-ri/r.i.-gen.-laws-19-34-1"},"notice":"GroundRules: Original legal text. Not legal advice."}