230 R.I. Code R. 230-RICR-40-10-1.2

Current through December 26, 2024
Section 230-RICR-40-10-1.2 - Purpose

The purpose of this Regulation is to clarify that any Rhode Island state-chartered Financial Institution that engages in Derivative Transactions is required to take into consideration Credit Exposure to Derivative Transactions with respect to the lending limits in R.I. Gen. Laws § 19-3-3 and any other relevant applicable lending limits in R.I. Gen. Laws Title 19 or Federal law.

230 R.I. Code R. 230-RICR-40-10-1.2