Rhode Island § 19-13-10 - Banking Emergencies
Full text of Rhode Island Rhode Island General Laws § 19-13-10 — Banking Emergencies, with citation guidance and answers to common questions.
§ 19-13-10. Banking Emergencies
R.I. Gen. Laws § 19-13-10
§ 19-13-10. Emergency powers of the director.
In the interest of the protection of depositors in financial institutions or credit unions, the director is authorized to waive, in whole or in part, any provisions of this title relating to public hearings and/or public notice that would hinder or prevent the merger, consolidation, purchase of assets and assumption of liabilities, or other acquisition of a financial institution or credit union that is in danger of insolvency or that has been closed by the proclamation of a banking emergency in accordance with the provisions of this chapter. All waivers shall be made public as to the final decision or disposition within ninety (90) days after the waiver is granted.
History of Section.
P.L. 1995, ch. 82, § 51.
Frequently Asked Questions About Rhode Island § 19-13-10
What does Rhode Island General Laws § 19-13-10 cover?
Section 19-13-10 ("Banking Emergencies") 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 § 19-13-10?
A common citation format is "Rhode Island General Laws § 19-13-10" (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 § 19-13-10 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.