Rhode Island § 42-14-6 § 42-14-6. Restrictions on interests of superintendents.

Rhode Island Statutes

§ 42-14-6 — § 42-14-6. Restrictions on interests of superintendents.

Rhode Island § 42-14-6

Title 42State Affairs and Government

Ch. 42-14Department of Business Regulation

This text of Rhode Island § 42-14-6 (§ 42-14-6. Restrictions on interests of superintendents.) 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 § 42-14-6 (2026).

Text

§ 42-14-6. Restrictions on interests of superintendents.
The superintendents of banking and insurance shall not engage in any other business
            or be an officer of or directly or indirectly interested in any national bank doing
            business in this state, or in any bank, savings bank, or trust company organized under
            the laws of this state, nor be directly or indirectly interested in any corporation,
            business, or occupation that requires the superintendent's official supervision; absent
            compliance with § 42-14-6.1, no superintendent shall become indebted to any bank, savings bank, or trust company
            organized under the laws of this state, nor shall the super

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§ 42-14-6. Restrictions on interests of superintendents.

The superintendents of banking and insurance shall not engage in any other business or be an officer of or directly or indirectly interested in any national bank doing business in this state, or in any bank, savings bank, or trust company organized under the laws of this state, nor be directly or indirectly interested in any corporation, business, or occupation that requires the superintendent's official supervision; absent compliance with § 42-14-6.1, no superintendent shall become indebted to any bank, savings bank, or trust company organized under the laws of this state, nor shall the superintendent engage or be interested in the sale of securities as a business, or in the negotiation of loans for others.

Legislative History

P.L. 1908, ch. 1590, § 30; G.L. 1909, ch. 233, § 2; G.L. 1923, ch. 274, § 2; G.L. 1938, ch. 127, § 2; impl. am. P.L. 1939, ch. 660, § 122; G.L. 1956, § 42-14-6; P.L. 2018, ch. 47, art. 3, § 8.