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Rhode Island General Laws Title 19. Financial Institutions § 19-2-12. Relocation of branches

Current as of January 01, 2024 | Updated by Findlaw Staff

Any financial institution or credit union may relocate a branch upon sixty (60) days’ prior written notice to the director, or the director's designee, provided that the relocated branch is:

(1) To be located within the same city or town as the existing branch; or

(2) To be located within a ten (10) mile radius of the existing branch; and

(3) The existing branch will be closed upon construction and/or occupancy of the relocated branch.

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Cite this article: FindLaw.com - Rhode Island General Laws Title 19. Financial Institutions § 19-2-12. Relocation of branches - last updated January 01, 2024 | https://codes.findlaw.com/ri/title-19-financial-institutions/ri-gen-laws-sect-19-2-12/

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