§ 19-11-2. Removal of conservator — Vacancies.
If the director, at any time, deems it in the best interest of any financial institution or credit union or its creditors that the conservator appointed pursuant to § 19-11-1 shall be removed from office, the director may so order and may appoint a successor to that office.
History of Section.P.L. 1995, ch. 82, § 49.
Structure Rhode Island General Laws
Title 19 - Financial Institutions
Chapter 19-11 - Conservatorship
Section 19-11-1. - Appointment of conservator on application by stockholders or directors.
Section 19-11-2. - Removal of conservator — Vacancies.
Section 19-11-3. - Employment of assistance by conservator.
Section 19-11-5. - Creditors’ rights as in receivership.
Section 19-11-6. - Collection of assets — Continuation of business — General powers of conservator.
Section 19-11-7. - Penalties and liabilities.
Section 19-11-8. - Withdrawal of deposits and claims.
Section 19-11-9. - Rules as to new deposits.
Section 19-11-10. - Payment of expense of conservatorship.
Section 19-11-11. - Termination of conservatorship.