R.I. Gen. Laws § 7-5-19 Dissolution of quasi-municipal corporations and financial institutions.
7-5-19. Dissolution of quasi-municipal corporations and financial institutions.
When any quasi-municipal corporation, bank, savings bank, trust company, or loan and
investment company has been liquidated in voluntary liquidation, or in receivership
or otherwise, according to law, the corporation may be dissolved by decree of the
superior court upon application filed, in the case of a quasi-municipal corporation,
by any of its members or qualified electors or by the attorney general, and in the
case of any bank, savings bank, trust company, or loan and investment company, by
the administrator of banking and insurance or by any stockholder, trustee, or incorporator,
with the consent, in writing, of the administrator of banking and insurance; and upon
any reasonable notice in each case, that the court prescribes.
G.L. 1923, ch. 248, § 57; P.L. 1932, ch. 1958, § 1; G.L. 1938, ch. 116, § 57; P.L.
1945, ch. 1610, § 1; G.L. 1956, § 7-5-19.
