Deposit with state treasury of amount due certain shareholders.
R.I. Gen. Laws § 7-1.2-1322
in effect7-1.2-1322. Deposit with state treasury of amount due certain shareholders.
Upon the voluntary or involuntary dissolution of a corporation, the portion of the
assets distributable to a creditor or shareholder who is unknown or cannot be found,
or who is under disability and there is no person legally competent to receive the
distributive portion, will be reduced to cash and deposited with the general treasury
and paid over to the creditor or shareholder or to his or her legal representative
upon satisfactory proof to the general treasury of his or her right to the payment.
P.L. 2004, ch. 216, § 2; P.L. 2004, ch. 274, § 2.
Source: State of Rhode Island General Assembly (rilegislature.gov)URL: https://webserver.rilegislature.gov/Statutes/TITLE7/7-1.2/7-13/7-1.2-1322.htmFetched: 10/20/2026