Rhode Island § 19-9-31 - Community Obligations and Banking Offenses
Full text of Rhode Island Rhode Island General Laws § 19-9-31 — Community Obligations and Banking Offenses, with citation guidance and answers to common questions.
§ 19-9-31. Community Obligations and Banking Offenses
R.I. Gen. Laws § 19-9-31
§ 19-9-31. False rumors as to condition of regulated institution.
Every person who willfully or maliciously instigates, makes, circulates, or transmits to another or others any statement, untrue in fact, derogatory to the financial condition or affecting the solvency or financial standing of any regulated institution or other insured-deposit-taking institution duly organized under the laws of the United States doing business in this state, or who counsels, aids, procures, or induces another to start, transmit, or circulate any statement or rumor, shall, upon conviction, be punished by imprisonment for a term not exceeding one year, or by a fine not exceeding five hundred dollars ($500), or by both fine and imprisonment.
History of Section.
P.L. 1995, ch. 82, § 47.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 19-9-31
What does Rhode Island General Laws § 19-9-31 cover?
Section 19-9-31 ("Community Obligations and Banking Offenses") is part of the Rhode Island General Laws, the codified statutory law of Rhode Island. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Rhode Island § 19-9-31?
A common citation format is "Rhode Island General Laws § 19-9-31" (Rhode Island). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Rhode Island law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Rhode Island official source linked on this page or consult a licensed Rhode Island attorney.
How does Rhode Island § 19-9-31 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Rhode Island can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Rhode Island.