Rhode Island § 19-14.3-3.2 § 19-14.3-3.2. Forwarding of documents to foreign correspondent — Receipt for money or documents.

Rhode Island Statutes

§ 19-14.3-3.2 — § 19-14.3-3.2. Forwarding of documents to foreign correspondent — Receipt for money or documents.

Rhode Island § 19-14.3-3.2

Title 19Financial institutions

Ch. 19-14.3Currency Transmissions

This text of Rhode Island § 19-14.3-3.2 (§ 19-14.3-3.2. Forwarding of documents to foreign correspondent — Receipt for money or documents.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 19-14.3-3.2 (2026).

Text

§ 19-14.3-3.2. Forwarding of documents to foreign correspondent — Receipt for money or documents.
Every person, whether engaged in the foreign exchange brokerage business or not, to
            whom any money, draft, or credit is delivered to be forwarded to a foreign correspondent,
            shall forward the credit, accompanied by draft credits, or any documents necessary
            and essential to carrying out the transaction, immediately after the receipt, sale,
            deposit, or other transaction by which the money, draft, or credit is delivered to
            the person for forwarding. That person shall also, upon delivery of any money, draft,
            or credit to be forwarded to a foreign correspond

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§ 19-14.3-3.2. Forwarding of documents to foreign correspondent — Receipt for money or documents.

Every person, whether engaged in the foreign exchange brokerage business or not, to whom any money, draft, or credit is delivered to be forwarded to a foreign correspondent, shall forward the credit, accompanied by draft credits, or any documents necessary and essential to carrying out the transaction, immediately after the receipt, sale, deposit, or other transaction by which the money, draft, or credit is delivered to the person for forwarding. That person shall also, upon delivery of any money, draft, or credit to be forwarded to a foreign correspondent, give a receipt, showing what the current rate of exchange of the foreign currency to which the money, draft, or credit is to be transferred is on the day of the transaction, and the amount expressed in the denomination of the foreign currency, according to the rate of exchange, that is to be forwarded as set forth above.