§ 7-9-7 — § 7-9-7. Estoppel of corporation to deny authority.
This text of Rhode Island § 7-9-7 (§ 7-9-7. Estoppel of corporation to deny authority.) 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.
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§ 7-9-7. Estoppel of corporation to deny authority.
Any company that makes, signs, seals, executes, acknowledges, or delivers any bond, guaranty, undertaking, or other obligation of record in this state, or that enters into any recognizance or other obligation of record whatsoever in this state, under the provisions of §§ 7-9-1 — 7-9-7, is estopped, in any proceedings to enforce the liability which it has assumed to incur, to deny its corporate power to make, sign, seal, execute, acknowledge, or deliver the bond, guaranty, undertaking, or other obligation, or to enter into the recognizance or other obligation of record.
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Rhode Island § 7-9-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/7-9-7.