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Current as of January 01, 2024 | Updated by Findlaw Staff
Each bank and lending institution doing business in this state, whether acting under state or federal authority, shall maintain a resident agent in this state who shall have authority to endorse insurance claim checks on behalf of those banks and lending institutions, which banks and lending institutions shall include, but are not limited to:
(1) A bank, savings bank, or trust company, as defined in this title, its affiliates or subsidiaries;
(2) A bank holding company, as defined in 12 U.S.C. § 1841, its affiliates or subsidiaries;
(3) Mortgage companies; and
(4) Any other individual, corporation, partnership, or association authorized to take deposits and/or to make loans of money under the provisions of this title.
Cite this article: FindLaw.com - Rhode Island General Laws Title 19. Financial Institutions § 19-4-19. Resident agent--Financial institutions - last updated January 01, 2024 | https://codes.findlaw.com/ri/title-19-financial-institutions/ri-gen-laws-sect-19-4-19/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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