Rhode Island § 7-9-7 § 7-9-7. Estoppel of corporation to deny authority.

Rhode Island Statutes

§ 7-9-7 — § 7-9-7. Estoppel of corporation to deny authority.

Rhode Island·Title 7 Corporations, Associations and Partnerships·Ch. 7-9 Additional Powers of Corporations

§ 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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§ 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.

Rhode Island § 7-9-7 (§ 7-9-7. Estoppel of corporation to deny authority.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

G.L. 1896, ch. 186, § 3; P.L. 1902, ch. 1053, § 1; G.L. 1909, ch. 226, § 3; P.L. 1911, ch. 667, § 1; G.L. 1923, ch. 264, § 3; G.L. 1938, ch. 119, § 3; G.L. 1956, § 7-9-7.