Rhode Island § 19-4-15 § 19-4-15. Examination of books to determine violations — Prosecution of offenses.

Rhode Island Statutes

§ 19-4-15 — § 19-4-15. Examination of books to determine violations — Prosecution of offenses.

Rhode Island § 19-4-15

Title 19Financial institutions

Ch. 19-4Regulatory Oversight

This text of Rhode Island § 19-4-15 (§ 19-4-15. Examination of books to determine violations — Prosecution of offenses.) 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 § 19-4-15 (2026).

Text

§ 19-4-15. Examination of books to determine violations — Prosecution of offenses.
(a) The director, or the director's designee, shall have authority to examine, at any
            time, the accounts, books, and papers of any person in the business of receiving money
            on deposit, in order to ascertain whether the person has violated or is violating
            any provision of this title.
         
(b) Any person carrying on an unauthorized banking business shall forfeit to the state
            one thousand dollars ($1,000) a day for every day or part thereof during which the
            violation continues.
         

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§ 19-4-15. Examination of books to determine violations — Prosecution of offenses.

(a) The director, or the director's designee, shall have authority to examine, at any time, the accounts, books, and papers of any person in the business of receiving money on deposit, in order to ascertain whether the person has violated or is violating any provision of this title.

(b) Any person carrying on an unauthorized banking business shall forfeit to the state one thousand dollars ($1,000) a day for every day or part thereof during which the violation continues.