Rhode Island § 7-4-16 § 7-4-16. Survival of suits against officers, directors, and stockholders.

Rhode Island Statutes

§ 7-4-16 — § 7-4-16. Survival of suits against officers, directors, and stockholders.

Rhode Island·Title 7 Corporations, Associations and Partnerships·Ch. 7-4 Business Corporations â€” Officers, Directors, and Stockholders

§ 7-4-16. Survival of suits against officers, directors, and stockholders.
No suit against any officer, director, or stockholder for any liability or penalty
            created or imposed by the provisions of the general corporation law abates by reason
            of his or her death, but his or her estate is liable in the hands of his or her executor
            or administrator, who may voluntarily appear or may be summoned by the plaintiff to
            defend the suit.
         

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§ 7-4-16. Survival of suits against officers, directors, and stockholders.

No suit against any officer, director, or stockholder for any liability or penalty created or imposed by the provisions of the general corporation law abates by reason of his or her death, but his or her estate is liable in the hands of his or her executor or administrator, who may voluntarily appear or may be summoned by the plaintiff to defend the suit.

Rhode Island § 7-4-16 (§ 7-4-16. Survival of suits against officers, directors, and stockholders.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.