§ 25-1-4. Effect of Saturday closing on rights and obligations.
Any Saturday upon which any bank, savings bank, trust company, safe deposit company, building-loan association, national banking association, or federal savings and loan association, or any branch or office of the institution shall remain closed pursuant to the provisions of § 25-1-3 and this section shall, with respect to the closed institution, branch, or office, be a holiday for the purpose of chapter 3 of title 6A. If any bank, savings bank, trust company, safe deposit company, building-loan association, national banking association, or federal savings and loan association, or any branch or office of the institution shall close on any Saturday pursuant to the provisions of § 25-1-3, any act which would be required to be performed on any Saturday at or by the institution, or any branch or office of the institution, if the institution, branch, or office of the institution were not closed, shall be performed on the next succeeding business day, and any act which would be authorized or permitted to be performed on any Saturday at or by the institution, or any branch or office of the institution, if the institution, branch, or office of the institution were not closed, may be performed on the next succeeding business day. No liability or loss of rights of any kind shall result from the failure to perform any of those acts while closed on any Saturday.
History of Section.G.L. 1938, ch. 458, § 2; P.L. 1947, ch. 1817, § 1; G.L. 1956, § 25-1-4.
Structure Rhode Island General Laws
Title 25 - Holidays and Days of Special Observance
Section 25-1-1. - General holidays enumerated.
Section 25-1-1.1. - Display of the POW-MIA flag at State House.
Section 25-1-1.2. - Display of POW-MIA flag in cities and towns.
Section 25-1-1.3. - Victory Day — Prohibition against use of other name for holiday.
Section 25-1-2. - Thanksgiving Day.
Section 25-1-3. - Saturday bank closing — Filing of resolution.
Section 25-1-4. - Effect of Saturday closing on rights and obligations.
Section 25-1-5. - Saturday closing of public offices.
Section 25-1-6 - — 25-1-8. Repealed.
Section 25-1-9. - City and town appropriations for public celebrations.