{"data":{"id":"us-ri/r.i.-gen.-laws-19-5-16","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 19-5-16","heading":"Maximum aggregate liability of one person or company.","body":"A credit union shall not permit any person or entity to borrow or guaranty, directly or indirectly, an amount(s), in the aggregate, that exceeds one percent (1%) of its total assets or twenty percent (20%) of the total unimpaired capital, whichever is greater. This limit shall not apply to a loan or loans secured by pledged shares or deposits in the credit union.","path":["Title 19 Financial Institutions","Chapter 5 Credit Unions"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE19/19-5/19-5-16.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:56:11Z","sha256":"1a7632076fc78a0f080f7282a5087c48c19c6490d9e13b0bf684a46667a441dc","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-19-5-15.1","next":"us-ri/r.i.-gen.-laws-19-5-17"},"notice":"GroundRules: Original legal text. Not legal advice."}
