§ 7-4-15. Rights and liabilities surviving death of officer, director, or stockholder.
Except as otherwise provided in the general corporation law, any right of action against any officer, director, or stockholder of a corporation arising from any liability or penalty created or imposed by the provisions of the general corporation law survives the death of the person; and the right of contribution provided by this chapter exists in favor of the estate of the officer, director, or stockholder.
History of Section.P.L. 1920, ch. 1925, § 46; G.L. 1923, ch. 248, § 46; G.L. 1938, ch. 116, § 46; G.L. 1956, § 7-4-15.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-4 - Business Corporations — Officers, Directors, and Stockholders
Section 7-4-1, 7-4-2. - [Repealed.]
Section 7-4-3. - Voting on stock held by fiduciaries and pledgees.
Section 7-4-4 - — 7-4-14. [Repealed.]
Section 7-4-15. - Rights and liabilities surviving death of officer, director, or stockholder.
Section 7-4-16. - Survival of suits against officers, directors, and stockholders.