§ 19-4-19. Resident agent — Financial institutions.
Each bank and lending institution doing business in this state, whether acting under state or federal authority, shall maintain a resident agent in this state who shall have authority to endorse insurance claim checks on behalf of those banks and lending institutions, which banks and lending institutions shall include, but are not limited to:
(1) A bank, savings bank, or trust company, as defined in this title, its affiliates or subsidiaries;
(2) A bank holding company, as defined in 12 U.S.C. § 1841, its affiliates or subsidiaries;
(3) Mortgage companies; and
(4) Any other individual, corporation, partnership, or association authorized to take deposits and/or to make loans of money under the provisions of this title.
History of Section.P.L. 2022, ch. 338, § 5, effective June 29, 2022; P.L. 2022, ch. 339, § 5, effective June 29, 2022.
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.