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Current as of January 01, 2022 | Updated by FindLaw Staff
Whenever any financial institution with capital stock coverts 1 to and becomes a general business corporation pursuant to § 19-10.1-1 while holding upon deposit or for safekeeping any funds or other property of any description pursuant to its powers under § 19-3-1, such property shall, prior to the conversion to a general business corporation, be delivered to the general treasurer of this state as unclaimed property.
Cite this article: FindLaw.com - Rhode Island General Laws Title 19. Financial Institutions § 19-10.1-3. Delivery of unclaimed funds and property to general treasurer - last updated January 01, 2022 | https://codes.findlaw.com/ri/title-19-financial-institutions/ri-gen-laws-sect-19-10-1-3/
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