Rhode Island § 19-2-12 § 19-2-12. Relocation of branches.

Rhode Island Statutes

§ 19-2-12 — § 19-2-12. Relocation of branches.

Rhode Island § 19-2-12

Title 19Financial institutions

Ch. 19-2Creation and Expansion

This text of Rhode Island § 19-2-12 (§ 19-2-12. Relocation of branches.) 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 § 19-2-12 (2026).

Text

§ 19-2-12. Relocation of branches.
Any financial institution or credit union may relocate a branch upon sixty (60) days'
            prior written notice to the director, or the director's designee, provided that the
            relocated branch is:
         
(1) To be located within the same city or town as the existing branch; or
         
(2) To be located within a ten (10) mile radius of the existing branch; and
         
(3) The existing branch will be closed upon construction and/or occupancy of the relocated
            branch.
         

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§ 19-2-12. Relocation of branches.

Any financial institution or credit union may relocate a branch upon sixty (60) days' prior written notice to the director, or the director's designee, provided that the relocated branch is:

(1) To be located within the same city or town as the existing branch; or

(2) To be located within a ten (10) mile radius of the existing branch; and

(3) The existing branch will be closed upon construction and/or occupancy of the relocated branch.

Legislative History

P.L. 1995, ch. 82, § 39; P.L. 1997, ch. 98, § 2; P.L. 2011, ch. 347, § 1; P.L. 2011, ch. 387, § 1; P.L. 2022, ch. 338, § 1, effective June 29, 2022; P.L. 2022, ch. 339, § 1, effective June 29, 2022.