Statutes, codes, and regulations
General Laws of Rhode Island
Title 7 - CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 7-4 - BUSINESS CORPORATIONS - OFFICERS, DIRECTORS, AND STOCKHOLDERS
Section 7-4-15 - Rights and liabilities surviving death of officer, director, or stockholder

R.I. Gen. Laws § 7-4-15

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Current through 2024 Public Law 457
Section 7-4-15 - Rights and liabilities surviving death of officer, director, or stockholder

Except as otherwise provided in the general corporation law, any right of action against any officer, director, or stockholder of a corporation arising from any liability or penalty created or imposed by the provisions of the general corporation law survives the death of the person; and the right of contribution provided by this chapter exists in favor of the estate of the officer, director, or stockholder.

R.I. Gen. Laws § 7-4-15

P.L. 1920, ch. 1925, § 46; G.L. 1923, ch. 248, § 46; G.L. 1938, ch. 116, § 46; G.L. 1956, § 7-4-15.