§ 19-7-10. Federally chartered institutions.
To the extent it is empowered to do so, this state authorizes banks organized under the laws of the United States that have a main office in Rhode Island to merge or consolidate with and to acquire assets and assume liabilities of out-of-state banks and to have assets and liabilities assumed by out-of-state banks.
History of Section.P.L. 1995, ch. 82, § 45.
Structure Rhode Island General Laws
Title 19 - Financial Institutions
Section 19-7-1. - Definitions.
Section 19-7-2. - Acquisitions authorized.
Section 19-7-3. - Interstate mergers of stock financial institutions.
Section 19-7-4. - Interstate mergers of mutual financial institutions.
Section 19-7-5. - General effect of merger or consolidation.
Section 19-7-6. - Interstate purchases of assets and assumptions of liabilities.
Section 19-7-7. - Powers authorized.
Section 19-7-8. - Special definitions applicable to mergers, etc.
Section 19-7-9. - Interstate branches.
Section 19-7-10. - Federally chartered institutions.