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Current as of January 01, 2022 | Updated by FindLaw Staff
(a) Any corporation with total assets of less than one million dollars ($1,000,000) organized under the laws of this state or licensed to do business under the laws of this state, which is a corporation incorporated as a close corporation pursuant to § 7-1.2-1701, or if the corporation is a close corporation or which is a corporation whose majority stockholders are family members related by blood or marriage, may designate a representative thereof to prosecute claims under this chapter; provided, however, that no representative may be designated to prosecute claims for more than one corporation. The designation authorized by an officer of the corporation shall be filed with the clerk of the district court in which any claim is filed.
(b) No representative under this section, if not licensed to practice law, shall be deemed to be practicing law without a license.
Cite this article: FindLaw.com - Rhode Island General Laws Title 10. Courts and Civil Procedure--Procedure in Particular Actions § 10-16-3.1. Corporations--Representatives - last updated January 01, 2022 | https://codes.findlaw.com/ri/title-10-courts-and-civil-procedure-procedure-in-particular-actions/ri-gen-laws-sect-10-16-3-1/
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