R.I. Gen. Laws § 27-5-3.3

Current through 2024 Public Law 457

Section 27-5-3.3 - Resident agent - Banks

All banks and lending institutions doing business in this state, whether acting under state or federal authority, which include, but are not limited to:

(1) a bank, savings bank, or trust company, as defined in this title, its affiliates or subsidiaries,

(2) a bank holding company, as defined in 12 U.S.C. § 1841, its affiliates or subsidiaries,

(3) mortgage companies, and

(4) any other individual, corporation, partnership, or association authorized to take deposits and/or to make loans of money under the provisions of title 19, shall maintain a resident agent in this state who shall have authority to endorse insurance claim checks on behalf of those banks and lending institutions.

R.I. Gen. Laws § 27-5-3.3

P.L. 1988, ch. 74, § 1.