Rhode Island Statutes
§ 42-116-35 — § 42-116-35. Excess interest forfeiture.
Rhode Island·Title 42 State Affairs and Government·Ch. 42-116 Rhode Island Depositors Economic Protection Corporation
§ 42-116-35. Excess interest forfeiture.
Any person or entity who entered into an agreement with any institution subject to receivership pursuant to the Rhode Island Depositors Economic Protection Act for an interest rate above the highest publicly posted rate forfeits all of that interest in excess of the posted rate from the date of initial deposit.
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Rhode Island § 42-116-35 (§ 42-116-35. Excess interest forfeiture.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
P.L. 1991, ch. 3, § 4.
Nearby Sections
15
§ 42-1-4
§ 42-1-4. Exemption from taxes.§ 42-10-10
§ 42-10-10. Money accounts.§ 42-10-11
§ 42-10-11. Appropriation accounts.§ 42-10-13
§ 42-10-13. Payments from treasury.§ 42-10-14
§ 42-10-14. Medium of bond payments.