Rhode Island § 28-17-2 - Employees’ Trusts
Full text of Rhode Island Rhode Island General Laws § 28-17-2 — Employees’ Trusts, with citation guidance and answers to common questions.
§ 28-17-2. Employees’ Trusts
R.I. Gen. Laws § 28-17-2
§ 28-17-2. Accumulation of income — Perpetuities — Suspension of power of alienation.
The income arising from any personal property held in any employees’ trust as defined in § 28-17-1 may be permitted to accumulate in accordance with the terms of the trust and the plan to which the trust forms a part for any time that may be necessary to accomplish the purposes for which the trust has been created. An employees’ trust shall not be deemed to be invalid as violating the rule against perpetuities or any law or rule against perpetuities or the suspension of the power of alienation of title to property, but may continue for any time that may be necessary to accomplish the purposes for which it has been created.
History of Section.
P.L. 1943, ch. 1346, § 2; G.L. 1956, § 28-17-2.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 28-17-2
What does Rhode Island General Laws § 28-17-2 cover?
Section 28-17-2 ("Employees’ Trusts") 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 § 28-17-2?
A common citation format is "Rhode Island General Laws § 28-17-2" (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 § 28-17-2 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.