§ 19-6-1. Definitions. For purposes of this chapter: (1) “Company”, “control”, and “subsidiary” have the meaning set forth in the Bank Holding Company Act of 1956, 12 U.S.C. § 1841 et seq. (2) “Rhode Island bank-holding company” means any company, association, partnership, corporation, or any other entity, however formed, that controls a regulated institution. History […]
§ 19-6-2. Examination powers. Whenever the director, or the director’s designee, considers it advisable, he or she may make, or cause to be made, an examination of each Rhode Island bank-holding company. The director, or the director’s designee(s), may also examine any deposit-taking subsidiary of the bank-holding company that fails to meet its minimum capital […]
§ 19-6-3. Time and frequency of reports of Rhode Island bank-holding companies. (a) Every Rhode Island bank-holding company shall file an annual financial report with the director, or the director’s designee, signed and sworn to by its president or a vice-president and also by its secretary, treasurer, or auditor, showing the condition of the Rhode […]
§ 19-6-4. Severability. If any provision of this chapter or the application of this chapter to any person or circumstances is held invalid or unconstitutional, the invalidity or unconstitutionality shall not affect other provisions or applications of this chapter that can be given effect without the invalid or unconstitutional provision or application, and to this […]
