§ 42-14-6.1. Application for or acceptance of loan by bank examiner.
Every examiner or assistant examiner authorized by law to report the condition of a financial institution incorporated under the laws of this state — including, but not limited to, banks, savings banks, bank associations, trust companies, loan and investment companies, savings and loan companies, building loan associations, credit unions, deposit insurance companies, and any other depository required by law to file reports with the director of business regulation — who applies for or accepts or is granted a loan of any kind, whether in his or her name or in the name of a member of his or her immediate family, or in the name of a business or partnership in which he or she has a substantial interest, from any financial institution examined by him or her at any time, shall be required to report the same in writing to the director of business regulation within five (5) business days. A violation of this section may be a ground for disqualification or suspension of license.
History of Section.P.L. 1991, ch. 137, § 1; P.L. 1991, ch. 317, § 1.
Structure Rhode Island General Laws
Title 42 - State Affairs and Government
Chapter 42-14 - Department of Business Regulation
Section 42-14-1. - Establishment — Head of department.
Section 42-14-2. - Functions of department.
Section 42-14-2.1. - Reporting by certain insurers — Settlements.
Section 42-14-2.3. - Minimum policy provisions.
Section 42-14-2.4. - Repealed.
Section 42-14-4. - Financial services division.
Section 42-14-5. - Superintendents of banking and insurance.
Section 42-14-6. - Restrictions on interests of superintendents.
Section 42-14-6.1. - Application for or acceptance of loan by bank examiner.
Section 42-14-7. - Deputies to superintendents.
Section 42-14-8. - Clerical assistance and expenses.
Section 42-14-9. - Payment of expenses — Fees.
Section 42-14-11. - Subpoena power — False swearing.
Section 42-14-12. - Sales of businesses.
Section 42-14-13. - Transfer of powers and functions from department of business regulation.
Section 42-14-14. - License applications — Investigation.
Section 42-14-16. - Insurance — Administrative penalties.
Section 42-14-16.1. - Order to cease and desist.
Section 42-14-17. - Rules and regulations.