Rhode Island § 42-14-6 - Department of Business Regulation
Full text of Rhode Island Rhode Island General Laws § 42-14-6 — Department of Business Regulation, with citation guidance and answers to common questions.
§ 42-14-6. Department of Business Regulation
R.I. Gen. Laws § 42-14-6
§ 42-14-6. Restrictions on interests of superintendents.
The superintendents of banking and insurance shall not engage in any other business or be an officer of or directly or indirectly interested in any national bank doing business in this state, or in any bank, savings bank, or trust company organized under the laws of this state, nor be directly or indirectly interested in any corporation, business, or occupation that requires the superintendent’s official supervision; absent compliance with § 42-14-6.1, no superintendent shall become indebted to any bank, savings bank, or trust company organized under the laws of this state, nor shall the superintendent engage or be interested in the sale of securities as a business, or in the negotiation of loans for others.
History of Section.
P.L. 1908, ch. 1590, § 30; G.L. 1909, ch. 233, § 2; G.L. 1923, ch. 274, § 2; G.L.
1938, ch. 127, § 2; impl. am. P.L. 1939, ch. 660, § 122; G.L. 1956, § 42-14-6; P.L.
2018, ch. 47, art. 3, § 8.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 42-14-6
What does Rhode Island General Laws § 42-14-6 cover?
Section 42-14-6 ("Department of Business Regulation") 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 § 42-14-6?
A common citation format is "Rhode Island General Laws § 42-14-6" (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 § 42-14-6 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.