R.I. Gen. Laws § 35-10.1-4
Current through 2024 Public Law 457
A qualified depository institution may substitute insurance or different forms of collateral from time to time without notice to the public depositor or the commission; provided, that any substitute collateral constitutes eligible collateral; and provided, further, that no substitution of insurance or collateral shall cause the depository institution to cease being a qualified depository institution.
R.I. Gen. Laws § 35-10.1-4