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Home » US Law » 2022 Rhode Island General Laws » Title 19 - Financial Institutions » Chapter 19-2 - Creation and Expansion » Section 19-2-3. – Application to form financial institution — Issuance or denial of certificate.

§ 19-2-3. Application to form financial institution — Issuance or denial of certificate.

The subscribers to the agreement to form shall make application to the director, or the director’s designee, for a certificate that public convenience and advantage will be promoted by the establishment of the financial institution, which certificate the director, or the director’s designee, is hereby authorized to grant. The decision on the certificate may be appealed pursuant to chapter 1 of title 19.

History of Section.
P.L. 1995, ch. 82, § 39; P.L. 2013, ch. 50, § 3; P.L. 2013, ch. 57, § 3.