Rhode Island § 35-10.1-4 § 35-10.1-4. Substitution of collateral.

Rhode Island Statutes

§ 35-10.1-4 — § 35-10.1-4. Substitution of collateral.

Rhode Island § 35-10.1-4

Title 35Public Finance

Ch. 35-10.1Collateralization of Public Deposits

This text of Rhode Island § 35-10.1-4 (§ 35-10.1-4. Substitution of collateral.) 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 § 35-10.1-4 (2026).

Text

§ 35-10.1-4. Substitution of collateral.
A qualified depository institution may substitute insurance or different forms of
            collateral from time to time without notice to the public depositor or the commission;
            provided, that any substitute collateral constitutes eligible collateral; and provided,
            further, that no substitution of insurance or collateral shall cause the depository
            institution to cease being a qualified depository institution.
         

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§ 35-10.1-4. Substitution of collateral.

A qualified depository institution may substitute insurance or different forms of collateral from time to time without notice to the public depositor or the commission; provided, that any substitute collateral constitutes eligible collateral; and provided, further, that no substitution of insurance or collateral shall cause the depository institution to cease being a qualified depository institution.