Rhode Island § 19-7-11 § 19-7-11. Examination of mergers and acquisitions.

Rhode Island Statutes

§ 19-7-11 — § 19-7-11. Examination of mergers and acquisitions.

Rhode Island·Title 19 Financial institutions·Ch. 19-7 Interstate Banking, Interstate Branching and Bank Holding Company Mergers and Acquisitions

§ 19-7-11. Examination of mergers and acquisitions.
The director, or the director's designee, may make or cause to be made an examination
            of each bank in order to fulfill the requirements of this chapter. The total cost
            of these examinations shall be borne by the bank so examined and shall be governed
            by the same terms and conditions as the examinations of regulated institutions. In
            lieu of this examination, the director, or the director's designee, may accept the
            report of an examination made by the equivalent supervisory official of another state,
            pursuant to the laws of that state.
         

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§ 19-7-11. Examination of mergers and acquisitions.

The director, or the director's designee, may make or cause to be made an examination of each bank in order to fulfill the requirements of this chapter. The total cost of these examinations shall be borne by the bank so examined and shall be governed by the same terms and conditions as the examinations of regulated institutions. In lieu of this examination, the director, or the director's designee, may accept the report of an examination made by the equivalent supervisory official of another state, pursuant to the laws of that state.

Rhode Island § 19-7-11 (§ 19-7-11. Examination of mergers and acquisitions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.