§ 7-4-16 — § 7-4-16. Survival of suits against officers, directors, and stockholders.
This text of Rhode Island § 7-4-16 (§ 7-4-16. Survival of suits against officers, directors, and stockholders.) 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.
Text
§ 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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Rhode Island § 7-4-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/7-4-16.