Rhode Island § 19-11-12 - Conservatorship
Full text of Rhode Island Rhode Island General Laws § 19-11-12 — Conservatorship, with citation guidance and answers to common questions.
§ 19-11-12. Conservatorship
R.I. Gen. Laws § 19-11-12
§ 19-11-12. Superseding receivership.
Nothing in this chapter, and no appointment or continuance of a conservator under this chapter, shall abridge or affect, or be so construed as to abridge or affect, the right, power, and authority of the director, or the director’s designee, at any time to institute proceedings in accordance with law for the appointment of a receiver of any financial institution or credit union, or of the judicial authority to make appointment of a receiver upon request of the director, or the director’s designee, and if a receiver shall be appointed in this proceeding, the conservator, whenever the receiver shall have been appointed and qualified, shall immediately transfer and deliver to the receiver all property, books, and documents of all kinds then belonging to the financial institution or credit union.
History of Section.
P.L. 1995, ch. 82, § 49.
Frequently Asked Questions About Rhode Island § 19-11-12
What does Rhode Island General Laws § 19-11-12 cover?
Section 19-11-12 ("Conservatorship") 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 § 19-11-12?
A common citation format is "Rhode Island General Laws § 19-11-12" (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 § 19-11-12 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.