Rhode Island § 19-13-4 - Banking Emergencies
Full text of Rhode Island Rhode Island General Laws § 19-13-4 — Banking Emergencies, with citation guidance and answers to common questions.
§ 19-13-4. Banking Emergencies
R.I. Gen. Laws § 19-13-4
§ 19-13-4. New deposits other than cash.
New deposits, other than new cash deposits, need not be segregated, but may be drawn against by check to the same extent and in the same manner as deposits existing prior to any order of the director, issued under the provisions of this chapter, and may also be drawn against under the terms of the order; provided, nevertheless, that new deposits made in any medium of exchange prescribed by the director under the provisions of this chapter shall be payable in the deposited medium of exchange, or the medium of exchange into which it may have been converted, and any such deposits may be withdrawn in whole or in part.
History of Section.
P.L. 1995, ch. 82, § 51.
Frequently Asked Questions About Rhode Island § 19-13-4
What does Rhode Island General Laws § 19-13-4 cover?
Section 19-13-4 ("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 § 19-13-4?
A common citation format is "Rhode Island General Laws § 19-13-4" (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 § 19-13-4 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.