R.I. Gen. Laws § 35-10.1-6

Current through 2024 Public Law 457

Section 35-10.1-6 - Income from collateral

The income from assets that constitute segregated collateral shall belong without restriction to the depository institution that pledged the collateral unless and until the assets are transferred to the public depositor or its designee as the result of a default or insolvency of the depository institution.

P.L. 1991, ch. 44, art. 74, § 1.