Rhode Island § 19-11-11 § 19-11-11. Termination of conservatorship.

Rhode Island Statutes

§ 19-11-11 — § 19-11-11. Termination of conservatorship.

Rhode Island·Title 19 Financial institutions·Ch. 19-11 Conservatorship

§ 19-11-11. Termination of conservatorship.
If the director, or the director's designee, shall at any time be satisfied that the
            further continuance of any conservatorship is no longer necessary or desirable, the
            director, or the director's designee, may terminate the conservatorship and direct
            the conservator to surrender possession of all property then in the conservator's
            possession to the financial institution or credit union, and permit it to resume business,
            all upon the terms, conditions, restrictions, and limitations as the director, or
            the director's designee, may prescribe.
         

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§ 19-11-11. Termination of conservatorship.

If the director, or the director's designee, shall at any time be satisfied that the further continuance of any conservatorship is no longer necessary or desirable, the director, or the director's designee, may terminate the conservatorship and direct the conservator to surrender possession of all property then in the conservator's possession to the financial institution or credit union, and permit it to resume business, all upon the terms, conditions, restrictions, and limitations as the director, or the director's designee, may prescribe.

Rhode Island § 19-11-11 (§ 19-11-11. Termination of conservatorship.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.