Rhode Island § 19-8-7 § 19-8-7. Waiver of application and hearing process in the public interest.

Rhode Island Statutes

§ 19-8-7 — § 19-8-7. Waiver of application and hearing process in the public interest.

Rhode Island § 19-8-7

Title 19Financial institutions

Ch. 19-8Depository Change in Control Act

This text of Rhode Island § 19-8-7 (§ 19-8-7. Waiver of application and hearing process in the public interest.) 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 § 19-8-7 (2026).

Text

§ 19-8-7. Waiver of application and hearing process in the public interest.
The application process and public hearing requirement may be waived by the director,
            or the director's designee, in writing, when, in the public interest, the change in
            control results from any regulatory action in order to prevent a probable failure
            or default of the regulated institution.
         

Free access — add to your briefcase to read the full text and ask questions with AI

§ 19-8-7. Waiver of application and hearing process in the public interest.

The application process and public hearing requirement may be waived by the director, or the director's designee, in writing, when, in the public interest, the change in control results from any regulatory action in order to prevent a probable failure or default of the regulated institution.