The holdings of any member of an association, to the extent of the minimum amount necessary for membership, but not to exceed fifty dollars ($50.00), is exempt from attachment, execution, or garnishment for the debts of the owner.
R.I. Gen. Laws § 7-8-25
Exemption of holdings from attachment
Known as the Consumer Cooperative Association Law
The act spans §§ 7–7 (35 sections).
P.L. 1947, ch. 1976, § 21; G.L. 1956, § 7-8-25.
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.