Upon termination of the corporation all funds from assets formerly held by the corporation shall be paid to the general fund upon receipt.
R.I. Gen. Laws § 42-116-25.1
Defeasance of corporation bonds
Known as the Rhode Island Depositors Economic Protection Act
The act spans §§ 42-116-1 to 42-116-9 (45 sections).
P.L. 2000, ch. 55, art. 3, § 6; P.L. 2001, ch. 77, art. 3, § 3; P.L. 2002, ch. 65, art. 17, § 3; P.L. 2003, ch. 376, art. 4, § 2; P.L. 2004, ch. 595, art. 6, § 2.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.