§ 19-4-11. Summons of witnesses — Obstruction or refusal to give information — Prosecution of violations.
The director, or the director’s designee, may summon the directors, trustees, employees, officers, or agents of any regulated institution and any other witnesses that he or she thinks proper, and examine them relative to the affairs, transactions, and condition of the regulated institution, and for that purpose may administer oaths. Whoever, without justifiable cause, refuses to appear and testify when so required, or obstructs the director, or any of the director’s designees, in the performance of his or her duties, shall be punished by a fine not exceeding one thousand dollars ($1,000) or by imprisonment for not more than one year. If any person refuses to furnish any information requested by the director, or any of the director’s designees, under the authority of any chapter in this title, the director, or the director’s designee, may apply to the superior court and that court shall cause the person to come before it and shall inquire into the facts set forth in the application and may commit the person to jail until he or she shall comply with the request. If, in the opinion of the director, or the director’s designee, the regulated institution or its officers or trustees have violated any law relative to the regulated institution, the director, or the director’s designee, may report the violation to the attorney general, who may, on behalf of the state, institute a prosecution or other appropriate proceedings for the violation.
History of Section.P.L. 1995, ch. 82, § 42.
Structure Rhode Island General Laws
Title 19 - Financial Institutions
Chapter 19-4 - Regulatory Oversight
Section 19-4-1. - Examination on application by depositors, stockholders, directors, or trustees.
Section 19-4-2. - Periodic examinations — Access to records.
Section 19-4-3. - Records of examinations and reports.
Section 19-4-6. - Time and frequency of reports of financial institutions and credit unions.
Section 19-4-8. - Delay of reports.
Section 19-4-9. - Reports to general assembly.
Section 19-4-10. - Insurance of deposits.
Section 19-4-12. - Order to cease unlawful or unsafe practices — Impairment of capital — Appeal.
Section 19-4-13. - Continuance of business after suspension prohibited.
Section 19-4-14. - Appeal of orders — Enforcement.
Section 19-4-15. - Examination of books to determine violations — Prosecution of offenses.
Section 19-4-16. - Rules and regulations.
Section 19-4-17. - Unauthorized banking business.
Section 19-4-17.1. - Use of regulated financial institutions without permission prohibited.