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Rhode Island General Laws Title 7. Corporations, Associations, and Partnerships § 7-11-707. Good faith reliance

Current as of January 01, 2026 | Updated by Findlaw Staff

No provision of this chapter imposing liability applies to an act done or omitted in good faith in conformity with:

(1) A rule or order adopted by the director, notwithstanding that the rule or order is later amended, repealed, or determined by judicial or other authority to be invalid;  or

(2) A declaratory order or ruling issued by the director under § 7-11-706.

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Cite this article: FindLaw.com - Rhode Island General Laws Title 7. Corporations, Associations, and Partnerships § 7-11-707. Good faith reliance - last updated January 01, 2026 | https://codes.findlaw.com/ri/title-7-corporations-associations-and-partnerships/ri-gen-laws-sect-7-11-707/

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