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Chapter 18-1 - Application of Laws to Trusts
Section 18-1-1. - Law expressly applicable when property is within state. - § 18-1-1. Law expressly applicable when property is within state....
Section 18-1-2. - Law expressly applicable when trustees are within state. - § 18-1-2. Law expressly applicable when trustees are within state....
Section 18-1-3. - Law expressly applicable to trusts created by residents. - § 18-1-3. Law expressly applicable to trusts created by residents....
Section 18-1-4. - Prior trusts unaffected. - § 18-1-4. Prior trusts unaffected. Nothing in this chapter shall,...
Chapter 18-2 - Appointment of Fiduciaries
Section 18-2-1. - Appointment of trustees by superior court. - § 18-2-1. Appointment of trustees by superior court. If no...
Section 18-2-2. - Change in number of trustees. - § 18-2-2. Change in number of trustees. On application for...
Section 18-2-3. - Filling of vacancies not obligatory with court. - § 18-2-3. Filling of vacancies not obligatory with court. On...
Section 18-2-4. - Title in judicially appointed trustees. - § 18-2-4. Title in judicially appointed trustees. In all cases...
Section 18-2-5. - Powers of judicially appointed trustees. - § 18-2-5. Powers of judicially appointed trustees. Every trustee appointed...
Section 18-2-6. - Applicability to deceased and continuing trustees. - § 18-2-6. Applicability to deceased and continuing trustees. The provisions...
Section 18-2-7. - Provisions of instrument controlling. - § 18-2-7. Provisions of instrument controlling. Sections 18-2-1 — 18-2-6...
Section 18-2-8. - Applicability to prior trusts — Powers additional. - § 18-2-8. Applicability to prior trusts — Powers additional. Sections...
Section 18-2-9. - Recording of decree of appointment. - § 18-2-9. Recording of decree of appointment. In case real...
Chapter 18-3 - Fiduciaries’ Emergency Act
Section 18-3-1. - Short title. - § 18-3-1. Short title. This chapter may be cited as...
Section 18-3-2. - Definitions. - § 18-3-2. Definitions. As used in this chapter: (1) “Cofiduciary”...
Section 18-3-3. - Delegation of powers by fiduciary. - § 18-3-3. Delegation of powers by fiduciary. A trustee or...
Section 18-3-4. - Implied or constructive trust. - § 18-3-4. Implied or constructive trust. Nothing in § 18-3-3...
Section 18-3-5. - Power of attorney — Recording. - § 18-3-5. Power of attorney — Recording. Any functions delegated...
Section 18-3-6. - Power additional. - § 18-3-6. Power additional. The power of delegation conferred by...
Section 18-3-7. - Judicial approval of delegation. - § 18-3-7. Judicial approval of delegation. (a) No delegation of...
Section 18-3-8. - Time of execution of power of attorney. - § 18-3-8. Time of execution of power of attorney. A...
Section 18-3-9. - Acts performed before notice of revocation of power. - § 18-3-9. Acts performed before notice of revocation of power....
Section 18-3-10. - Notice that donor of power is missing. - § 18-3-10. Notice that donor of power is missing. No...
Section 18-3-11. - Appointment in good faith. - § 18-3-11. Appointment in good faith. In any proceedings brought...
Section 18-3-12. - Judicial supervision of donee. - § 18-3-12. Judicial supervision of donee. (a) All jurisdiction and...
Section 18-3-13. - Delegation of powers by donee. - § 18-3-13. Delegation of powers by donee. The donee of...
Section 18-3-14. - Exercise of powers by cofiduciaries. - § 18-3-14. Exercise of powers by cofiduciaries. If any trustee...
Section 18-3-15. - Conclusive effect of statement under oath by cofiduciaries. - § 18-3-15. Conclusive effect of statement under oath by cofiduciaries....
Section 18-3-16. - Chapter controlling. - § 18-3-16. Chapter controlling. The provisions of this chapter shall...
Chapter 18-4 - Powers of Fiduciaries
Section 18-4-1. - Application of cy pres doctrine. - § 18-4-1. Application of cy pres doctrine. In all cases...
Section 18-4-2. - Powers of trustees. - § 18-4-2. Powers of trustees. (a) Every trust, inter vivos...
Section 18-4-3. - Arbitration. - § 18-4-3. Arbitration. Trustees may enter into rule of the...
Section 18-4-4. - Power of sale. - § 18-4-4. Power of sale. (a) Where a trust for...
Section 18-4-5. - Effect of trustee’s receipt. - § 18-4-5. Effect of trustee’s receipt. (a) The receipt in...
Section 18-4-6. - Conveyance by infant trustee. - § 18-4-6. Conveyance by infant trustee. (a) Whenever any person...
Section 18-4-7. - Disposition of money payable to infant trustee. - § 18-4-7. Disposition of money payable to infant trustee. The...
Section 18-4-8. - Settlement of debts and claims — Assent of court. - § 18-4-8. Settlement of debts and claims — Assent of...
Section 18-4-9. - Powers of surviving fiduciaries. - § 18-4-9. Powers of surviving fiduciaries. (a) Where a power...
Section 18-4-10. - Management powers exercised with court approval. - § 18-4-10. Management powers exercised with court approval. Whenever the...
Section 18-4-11. - Purposes for which borrowing authorized. - § 18-4-11. Purposes for which borrowing authorized. (a) Borrowing may...
Section 18-4-12. - Leases authorized. - § 18-4-12. Leases authorized. Leasing may be authorized either generally...
Section 18-4-13. - Parties to management proceedings — Guardians ad litem — Costs. - § 18-4-13. Parties to management proceedings — Guardians ad litem...
Section 18-4-14. - Binding effect of authorized transactions. - § 18-4-14. Binding effect of authorized transactions. (a) Any transaction...
Section 18-4-15. - Definitions. - § 18-4-15. Definitions. (a) In §§ 18-4-16 — 18-4-21, unless...
Section 18-4-16. - Payments or transfers to fiduciaries — Effect of misapplication by fiduciary. - § 18-4-16. Payments or transfers to fiduciaries — Effect of...
Section 18-4-17. - Transfer of negotiable instrument by fiduciary. - § 18-4-17. Transfer of negotiable instrument by fiduciary. If any...
Section 18-4-18. - Check drawn by fiduciary payable to third person. - § 18-4-18. Check drawn by fiduciary payable to third person....
Section 18-4-19. - Check drawn by and payable to fiduciary. - § 18-4-19. Check drawn by and payable to fiduciary. If...
Section 18-4-20. - Deposit in name of fiduciary. - § 18-4-20. Deposit in name of fiduciary. If a deposit...
Section 18-4-21. - Deposit in fiduciary’s personal account. - § 18-4-21. Deposit in fiduciary’s personal account. If a fiduciary...
Section 18-4-22. - Administration of trusts. - § 18-4-22. Administration of trusts. (a) In the administration of...
Section 18-4-23. - Charitable remainder trusts. - § 18-4-23. Charitable remainder trusts. (a) As used in this...
Section 18-4-24. - Termination of small trusts. - § 18-4-24. Termination of small trusts. (a) Any corporate trustee...
Section 18-4-25. - Consolidation or division of trusts. - § 18-4-25. Consolidation or division of trusts. (a) Upon petition...
Section 18-4-26. - Powers of fiduciaries in connection with environmental laws. - § 18-4-26. Powers of fiduciaries in connection with environmental laws....
Section 18-4-27. - Validity of trusts. - § 18-4-27. Validity of trusts. (a) A trust which is...
Section 18-4-28. - Trustee’s power to adjust. - § 18-4-28. Trustee’s power to adjust. (a) A trustee may...
Section 18-4-29. - Total return unitrusts — Alternative definition of income. - § 18-4-29. Total return unitrusts — Alternative definition of income....
Section 18-4-30. - Representation by person having substantially identical interest. - § 18-4-30. Representation by person having substantially identical interest. In...
Section 18-4-31. - Power to invade principal in trust. - § 18-4-31. Power to invade principal in trust. (a) Unless...
Chapter 18-4.1 - The Public Radio Conversions Act
Section 18-4.1-1. - Short title. - § 18-4.1-1. Short title. This chapter shall be known and...
Section 18-4.1-2. - Findings. - § 18-4.1-2. Findings. The general assembly finds and declares that:...
Section 18-4.1-3. - Purpose. - § 18-4.1-3. Purpose. The purpose of this chapter is to:...
Section 18-4.1-4. - Definitions. - § 18-4.1-4. Definitions. As used in this chapter: (1) “Acquiree”...
Section 18-4.1-5. - Notice and Conversion Fee. - § 18-4.1-5. Notice and Conversion Fee. (a) The transacting parties...
Section 18-4.1-6. - Review process and criteria of the department of attorney general. - § 18-4.1-6. Review process and criteria of the department of...
Section 18-4.1-7. - Reports, use of experts, costs. - § 18-4.1-7. Reports, use of experts, costs. The department of...
Section 18-4.1-8. - Investigations — Notice to attend — Court order to appear — Contempt. - § 18-4.1-8. Investigations — Notice to attend — Court order...
Section 18-4.1-9. - Perjury. - § 18-4.1-9. Perjury. Any person who is found to have...
Section 18-4.1-10. - No derogation of attorney general. - § 18-4.1-10. No derogation of attorney general. (a) No provision...
Section 18-4.1-11. - Distribution of conversion fee — Selection of a charitable organization by superior court. - § 18-4.1-11. Distribution of conversion fee — Selection of a...
Section 18-4.1-12. - Whistleblower protections. - § 18-4.1-12. Whistleblower protections. (a) Prohibition against discrimination. No person...
Section 18-4.1-13. - Failure to comply — Penalties. - § 18-4.1-13. Failure to comply — Penalties. If any person...
Section 18-4.1-14. - Disclosure of documents. - § 18-4.1-14. Disclosure of documents. The attorney general has the...
Section 18-4.1-15. - Severability. - § 18-4.1-15. Severability. If any provision of this chapter or...
Section 18-4.1-16. - Judicial review. - § 18-4.1-16. Judicial review. Any transacting party aggrieved by a...
Chapter 18-5 - Common Trust Funds
Section 18-5-1. - Establishment by banks and trust companies authorized. - § 18-5-1. Establishment by banks and trust companies authorized. (a)...
Section 18-5-2. - Definitions. - § 18-5-2. Definitions. (a) As used in this chapter, “affiliate”...
Section 18-5-3. - Property tax on assets. - § 18-5-3. Property tax on assets. Real estate and tangible...
Section 18-5-4. - Exemption of funds from taxation generally. - § 18-5-4. Exemption of funds from taxation generally. Except as...
Section 18-5-5. - Repealed. - § 18-5-5. Repealed. History of Section.P.L. 1956, ch. 3839, §...
Section 18-5-6. - Relationships to which chapter applicable. - § 18-5-6. Relationships to which chapter applicable. This chapter shall...
Section 18-5-7. - Severability. - § 18-5-7. Severability. This chapter is declared to be severable,...
Chapter 18-6 - Accounting
Section 18-6-1. - Compensation and expenses of trustee. - § 18-6-1. Compensation and expenses of trustee. Every trustee under...
Section 18-6-2. - Discharge of trustee by payment into court. - § 18-6-2. Discharge of trustee by payment into court. (a)...
Section 18-6-3. - Application for allowance of accounts. - § 18-6-3. Application for allowance of accounts. A trustee may...
Section 18-6-4. - Notice — Guardian ad litem. - § 18-6-4. Notice — Guardian ad litem. (a) Upon the...
Section 18-6-5. - Notice to minor under age of fourteen (14) years. - § 18-6-5. Notice to minor under age of fourteen (14)...
Section 18-6-6. - Allowance or disallowance of accounts. - § 18-6-6. Allowance or disallowance of accounts. Upon the hearing,...
Section 18-6-7. - Account of common trust fund. - § 18-6-7. Account of common trust fund. In any proceeding...
Chapter 18-7 - Uniform Transfers to Minors Act
Section 18-7-1. - Short title. - § 18-7-1. Short title. This chapter may be cited as...
Section 18-7-2. - Definitions. - § 18-7-2. Definitions. In this chapter, unless the context otherwise...
Section 18-7-3. - Scope and jurisdiction. - § 18-7-3. Scope and jurisdiction. (a) This chapter applies to...
Section 18-7-4. - Nomination of custodian. - § 18-7-4. Nomination of custodian. (a) A person having the...
Section 18-7-5. - Transfer by gift or exercise of power of appointment. - § 18-7-5. Transfer by gift or exercise of power of...
Section 18-7-6. - Transfer authorized by will or trust. - § 18-7-6. Transfer authorized by will or trust. (a) A...
Section 18-7-7. - Other transfer by fiduciary. - § 18-7-7. Other transfer by fiduciary. (a) Subject to subsection...
Section 18-7-8. - Transfer by obligor. - § 18-7-8. Transfer by obligor. (a) Subject to subsections (b)...
Section 18-7-9. - Receipt for custodial property. - § 18-7-9. Receipt for custodial property. A written acknowledgment of...
Section 18-7-10. - Manner of creating custodial property and effecting transfer — Designation of initial custodian — Control. - § 18-7-10. Manner of creating custodial property and effecting transfer...
Section 18-7-11. - Single custodianship. - § 18-7-11. Single custodianship. A transfer may be made only...
Section 18-7-12. - Validity and effect of transfer. - § 18-7-12. Validity and effect of transfer. (a) The validity...
Section 18-7-13. - Care of custodial property. - § 18-7-13. Care of custodial property. (a) A custodian shall:...
Section 18-7-14. - Powers of custodian. - § 18-7-14. Powers of custodian. (a) A custodian, acting in...
Section 18-7-15. - Use of custodial property. - § 18-7-15. Use of custodial property. (a) A custodian may...
Section 18-7-16. - Custodian’s expenses, compensation, and bond. - § 18-7-16. Custodian’s expenses, compensation, and bond. (a) A custodian...
Section 18-7-17. - Exemption of third person from liability. - § 18-7-17. Exemption of third person from liability. A third...
Section 18-7-18. - Liability to third person. - § 18-7-18. Liability to third person. (a) A claim based...
Section 18-7-19. - Renunciation, resignation, death, or removal of custodian — Designation of successor custodian. - § 18-7-19. Renunciation, resignation, death, or removal of custodian —...
Section 18-7-20. - Accounting by and determination of liability of custodian. - § 18-7-20. Accounting by and determination of liability of custodian....
Section 18-7-21. - Termination of custodianship. - § 18-7-21. Termination of custodianship. The custodian shall transfer, in...
Section 18-7-22. - Applicability. - § 18-7-22. Applicability. This chapter applies to a transfer within...
Section 18-7-23. - Effect on existing custodianships. - § 18-7-23. Effect on existing custodianships. (a) Any transfer of...
Section 18-7-24. - Uniformity of application and construction. - § 18-7-24. Uniformity of application and construction. This chapter shall...
Section 18-7-25. - Severability. - § 18-7-25. Severability. If any provisions of this chapter or...
Section 18-7-26. - Repeals. - § 18-7-26. Repeals. To the extent that this chapter, by...
Chapter 18-8 - Joint Control by Sureties
Section 18-8-1. - Agreement for joint deposits. - § 18-8-1. Agreement for joint deposits. It is lawful for...
Chapter 18-9 - Charitable Trusts
Section 18-9-1. - Division of charitable trusts — Establishment. - § 18-9-1. Division of charitable trusts — Establishment. There is...
Section 18-9-2. - Administrator of charitable trusts. - § 18-9-2. Administrator of charitable trusts. The executive and administrative...
Section 18-9-3. - Appointment and removal of assistants — Experts. - § 18-9-3. Appointment and removal of assistants — Experts. The...
Section 18-9-4. - “Charitable trusts” defined. - § 18-9-4. “Charitable trusts” defined. “Charitable trusts” as used in...
Section 18-9-5. - Notice to attorney general of proceedings affecting charitable trusts. - § 18-9-5. Notice to attorney general of proceedings affecting charitable...
Section 18-9-6. - Register of charitable trusts — Special assistant attorney general. - § 18-9-6. Register of charitable trusts — Special assistant attorney...
Section 18-9-7. - Register open to inspection — Registration fee. - § 18-9-7. Register open to inspection — Registration fee. (a)...
Section 18-9-8. - Rules and regulations. - § 18-9-8. Rules and regulations. The attorney general, or the...
Section 18-9-9. - Investigations as to administration of trusts. - § 18-9-9. Investigations as to administration of trusts. The attorney...
Section 18-9-10. - Notice to attend in investigations. - § 18-9-10. Notice to attend in investigations. Whenever the attorney...
Section 18-9-11. - Court order to appear before attorney general — Contempt. - § 18-9-11. Court order to appear before attorney general —...
Section 18-9-12. - Privilege against self-incrimination unavailable — Immunity from prosecution. - § 18-9-12. Privilege against self-incrimination unavailable — Immunity from prosecution....
Section 18-9-13. - Annual fiduciary’s report. - § 18-9-13. Annual fiduciary’s report. (a) Any fiduciary holding property...
Section 18-9-14. - Reasonable care required regardless of language of trust. - § 18-9-14. Reasonable care required regardless of language of trust....
Section 18-9-15. - Institutions and contingent trusts exempt. - § 18-9-15. Institutions and contingent trusts exempt. The provisions of...
Section 18-9-16. - Termination of certain charitable trusts. - § 18-9-16. Termination of certain charitable trusts. (a) A charitable...
Section 18-9-17. - Enforcement of the fiduciary responsibilities of the trustees of charitable trusts. - § 18-9-17. Enforcement of the fiduciary responsibilities of the trustees...
Chapter 18-9.1 - Spendthrift Trusts
Section 18-9.1-1. - Spendthrift trusts — Establishment. - § 18-9.1-1. Spendthrift trusts — Establishment. Any person creating an...
Chapter 18-9.2 - Qualified Dispositions in Trust
Section 18-9.2-1. - Short title. - § 18-9.2-1. Short title. This chapter shall be known and...
Section 18-9.2-2. - Definitions. - § 18-9.2-2. Definitions. As used in this chapter: (1) “Claim”...
Section 18-9.2-3. - No retained interest of transferor. - § 18-9.2-3. No retained interest of transferor. A qualified disposition...
Section 18-9.2-4. - Avoidance of qualified dispositions. - § 18-9.2-4. Avoidance of qualified dispositions. (a) Notwithstanding any other...
Section 18-9.2-5. - Persons not subject to qualified dispositions. - § 18-9.2-5. Persons not subject to qualified dispositions. Notwithstanding the...
Section 18-9.2-6. - Effect of avoidance of qualified dispositions. - § 18-9.2-6. Effect of avoidance of qualified dispositions. (a) A...
Section 18-9.2-7. - Applicability of chapter. - § 18-9.2-7. Applicability of chapter. This chapter applies to qualified...
Chapter 18-10 - Registration of Securities in Name of Nominee
Section 18-10-1. - Authority to register security in name of nominee. - § 18-10-1. Authority to register security in name of nominee....
Section 18-10-2. - Direction for registration by individual fiduciary. - § 18-10-2. Direction for registration by individual fiduciary. (a) Any...
Section 18-10-3. - Liability of trust company or banking association — Accounts to show ownership. - § 18-10-3. Liability of trust company or banking association —...
Section 18-10-4. - Corporation or transfer agent relieved of liability on transfer of stock. - § 18-10-4. Corporation or transfer agent relieved of liability on...
Section 18-10-5. - Applicability. - § 18-10-5. Applicability. This chapter applies to all trusts, estates,...
Chapter 18-11 - Simplification of Fiduciary Security Transfers
Section 18-11-1. - Short title. - § 18-11-1. Short title. This chapter may be cited as...
Section 18-11-2. - Definitions. - § 18-11-2. Definitions. In this chapter, unless the context otherwise...
Section 18-11-3. - Registration in the name of a fiduciary. - § 18-11-3. Registration in the name of a fiduciary. A...
Section 18-11-4. - Assignment by a fiduciary. - § 18-11-4. Assignment by a fiduciary. Except as otherwise provided...
Section 18-11-5. - Evidence of appointment or incumbency. - § 18-11-5. Evidence of appointment or incumbency. A corporation or...
Section 18-11-6. - Adverse claims. - § 18-11-6. Adverse claims. (a) A person asserting a claim...
Section 18-11-7. - Non-liability of corporation and transfer agent. - § 18-11-7. Non-liability of corporation and transfer agent. A corporation...
Section 18-11-8. - Non-liability of third persons. - § 18-11-8. Non-liability of third persons. (a) No person who...
Section 18-11-9. - Territorial applicability. - § 18-11-9. Territorial applicability. (a) The rights and duties of...
Section 18-11-10. - Tax obligations. - § 18-11-10. Tax obligations. This chapter does not affect any...
Section 18-11-11. - Uniformity of law. - § 18-11-11. Uniformity of law. This chapter shall be construed...
Chapter 18-12 - Uniform Management of Institutional Funds [Repealed.]
Section 18-12-1. - Repealed. - § 18-12-1. Repealed. History of Section.P.L. 1972, ch. 260, §...
Section 18-12-2. - Repealed. - § 18-12-2. Repealed. History of Section.P.L. 1972, ch. 260, §...
Section 18-12-3. - Repealed. - § 18-12-3. Repealed. History of Section.P.L. 1972, ch. 260, §...
Section 18-12-4. - Repealed. - § 18-12-4. Repealed. History of Section.P.L. 1972, ch. 260, §...
Section 18-12-5. - Repealed. - § 18-12-5. Repealed. History of Section.P.L. 1972, ch. 260, §...
Section 18-12-6. - Repealed. - § 18-12-6. Repealed. History of Section.P.L. 1972, ch. 260, §...
Section 18-12-7. - Repealed. - § 18-12-7. Repealed. History of Section.P.L. 1972, ch. 260, §...
Section 18-12-8. - Repealed. - § 18-12-8. Repealed. History of Section.P.L. 1972, ch. 260, §...
Section 18-12-9. - Repealed. - § 18-12-9. Repealed. History of Section.P.L. 1972, ch. 260, §...
Chapter 18-12.1 - Uniform Prudent Management of Institutional Funds Act
Section 18-12.1-1. - Short title. - § 18-12.1-1. Short title. This chapter shall be known and...
Section 18-12.1-2. - Definitions. - § 18-12.1-2. Definitions. As used in this chapter: (1) “Charitable...
Section 18-12.1-3. - Standard of conduct in managing and investing institutional fund. - § 18-12.1-3. Standard of conduct in managing and investing institutional...
Section 18-12.1-4. - Appropriation for expenditure or accumulation of endowment fund; rules of construction. - § 18-12.1-4. Appropriation for expenditure or accumulation of endowment fund;...
Section 18-12.1-5. - Delegation of management and investment functions. - § 18-12.1-5. Delegation of management and investment functions. (a) Subject...
Section 18-12.1-6. - Release or modification of restrictions on management, investment, or purpose. - § 18-12.1-6. Release or modification of restrictions on management, investment,...
Section 18-12.1-7. - Reviewing compliance. - § 18-12.1-7. Reviewing compliance. Compliance with this chapter is determined...
Section 18-12.1-8. - Application to existing institutional funds. - § 18-12.1-8. Application to existing institutional funds. This chapter applies...
Section 18-12.1-9. - Relation to Electronic Signatures in Global and National Commerce Act. - § 18-12.1-9. Relation to Electronic Signatures in Global and National...
Section 18-12.1-10. - Uniformity of application and construction. - § 18-12.1-10. Uniformity of application and construction. In applying and...
Chapter 18-13 - Rhode Island Uniform Custodial Trust Act
Section 18-13-1. - Definitions. - § 18-13-1. Definitions. As used in this chapter: (1) “Adult”...
Section 18-13-2. - Custodial trust — General. - § 18-13-2. Custodial trust — General. (a) A person may...
Section 18-13-3. - Custodial trustee for future payment or transfer. - § 18-13-3. Custodial trustee for future payment or transfer. (a)...
Section 18-13-4. - Form and effect of receipt and acceptance by custodial trustee — Jurisdiction. - § 18-13-4. Form and effect of receipt and acceptance by...
Section 18-13-5. - Transfer to custodial trustee by fiduciary or obligor — Facility of payment. - § 18-13-5. Transfer to custodial trustee by fiduciary or obligor...
Section 18-13-6. - Multiple beneficiaries — Separate custodial trusts — Survivorship. - § 18-13-6. Multiple beneficiaries — Separate custodial trusts — Survivorship....
Section 18-13-7. - General duties of custodial trustee. - § 18-13-7. General duties of custodial trustee. (a) If appropriate,...
Section 18-13-8. - General powers of custodial trustee. - § 18-13-8. General powers of custodial trustee. (a) A custodial...
Section 18-13-9. - Use of custodial trust property. - § 18-13-9. Use of custodial trust property. (a) A custodial...
Section 18-13-10. - Determination of incapacity — Effect. - § 18-13-10. Determination of incapacity — Effect. (a) The custodial...
Section 18-13-11. - Exemption of third person from liability. - § 18-13-11. Exemption of third person from liability. A third...
Section 18-13-12. - Liability to third person. - § 18-13-12. Liability to third person. (a) A claim based...
Section 18-13-13. - Declination, resignation, incapacity, death, or removal of custodial trustee — Designation of successor custodial trustee. - § 18-13-13. Declination, resignation, incapacity, death, or removal of custodial...
Section 18-13-14. - Expenses, compensation, and bond of custodial trustee. - § 18-13-14. Expenses, compensation, and bond of custodial trustee. Except...
Section 18-13-15. - Reporting and accounting by custodial trustee — Determination of liability of custodial trustee. - § 18-13-15. Reporting and accounting by custodial trustee — Determination...
Section 18-13-16. - Limitations of action against custodial trustee. - § 18-13-16. Limitations of action against custodial trustee. (a) Except...
Section 18-13-17. - Distribution on termination. - § 18-13-17. Distribution on termination. (a) Upon termination of a...
Section 18-13-18. - Methods and forms for creating custodial trusts. - § 18-13-18. Methods and forms for creating custodial trusts. (a)...
Section 18-13-19. - Applicable law. - § 18-13-19. Applicable law. (a) This chapter applies to a...
Section 18-13-20. - Uniformity of application of construction. - § 18-13-20. Uniformity of application of construction. This chapter shall...
Section 18-13-21. - Short title. - § 18-13-21. Short title. This chapter may be cited as...
Section 18-13-22. - Severability. - § 18-13-22. Severability. If any provision of this chapter or...
Chapter 18-14 - Uniform Testamentary Additions to Trusts Act
Section 18-14-1. - Short title. - § 18-14-1. Short title. This chapter shall be known and...
Section 18-14-2. - Testamentary additions to trusts. - § 18-14-2. Testamentary additions to trusts. (a) A will may...
Section 18-14-3. - Effect on existing wills. - § 18-14-3. Effect on existing wills. This chapter applies to...
Section 18-14-4. - Uniformity of application and construction. - § 18-14-4. Uniformity of application and construction. This chapter shall...
Section 18-14-5. - Repealed. - § 18-14-5. Repealed. History of Section.P.L. 1994, ch. 352, §...
Section 18-14-6. - Severability. - § 18-14-6. Severability. If any provision of this chapter or...
Chapter 18-15 - Rhode Island Uniform Prudent Investor Act
Section 18-15-1. - Prudent investor rule. - § 18-15-1. Prudent investor rule. (a) Except as otherwise provided...
Section 18-15-2. - Standard of care — Portfolio strategy — Risk and return objectives. - § 18-15-2. Standard of care — Portfolio strategy — Risk...
Section 18-15-3. - Diversification. - § 18-15-3. Diversification. A trustee shall diversify the investments of...
Section 18-15-4. - Duties at inception of trusteeship. - § 18-15-4. Duties at inception of trusteeship. Within a reasonable...
Section 18-15-5. - Loyalty. - § 18-15-5. Loyalty. A trustee shall invest and manage the...
Section 18-15-6. - Impartiality. - § 18-15-6. Impartiality. If a trust has two (2) or...
Section 18-15-7. - Investment costs. - § 18-15-7. Investment costs. In investing and managing trust assets,...
Section 18-15-8. - Reviewing compliance. - § 18-15-8. Reviewing compliance. Compliance with the prudent investor rule...
Section 18-15-9. - Delegation of investment and management functions. - § 18-15-9. Delegation of investment and management functions. (a) A...
Section 18-15-10. - Language invoking standard of chapter. - § 18-15-10. Language invoking standard of chapter. The following terms...
Section 18-15-11. - Application to existing trusts. - § 18-15-11. Application to existing trusts. This chapter applies to...
Section 18-15-12. - Uniformity of application and construction. - § 18-15-12. Uniformity of application and construction. This chapter shall...
Section 18-15-13. - Short title. - § 18-15-13. Short title. This chapter may be cited as...
Chapter 18-16 - Rhode Island Short Form Power of Attorney Act
Section 18-16-1. - Use of statutory form. - § 18-16-1. Use of statutory form. The statutory form of...
Section 18-16-2. - Statutory short form power of attorney. - § 18-16-2. Statutory short form power of attorney. (a) The...
Section 18-16-3. - Real estate transactions. - § 18-16-3. Real estate transactions. (a) In a statutory short...
Section 18-16-4. - Chattel and goods transactions. - § 18-16-4. Chattel and goods transactions. (a) In a statutory...
Section 18-16-5. - Bond, share and commodity transactions. - § 18-16-5. Bond, share and commodity transactions. (a) In a...
Section 18-16-6. - Banking transactions. - § 18-16-6. Banking transactions. (a) In a statutory short form...
Section 18-16-7. - Business operating transactions. - § 18-16-7. Business operating transactions. (a) In a statutory short...
Section 18-16-8. - Insurance transactions. - § 18-16-8. Insurance transactions. (a) In a statutory short form...
Section 18-16-9. - Claims and litigation. - § 18-16-9. Claims and litigation. (a) In a statutory short...
Section 18-16-10. - Benefits from military service. - § 18-16-10. Benefits from military service. (a) In a statutory...
Section 18-16-11. - Records, reports and statements. - § 18-16-11. Records, reports and statements. (a) In a statutory...
Section 18-16-12. - Additional provisions authorized in form. - § 18-16-12. Additional provisions authorized in form. A power of...