R.I. Gen. Laws § 7-8-23

Current through 2024 Public Law 457

Section 7-8-23 - Impairment of solvency prohibited

No purchase or recall shall be made by the directors under § 7-8-20 or any other section if to do so would impair the solvency of the association.

R.I. Gen. Laws § 7-8-23

P.L. 1947, ch. 1976, § 18; G.L. 1956, § 7-8-23.