R.I. Gen. Laws tit. 19, ch. 5 – Credit Unions | Midpage

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Rhode Island General Laws

Chapter 19-5

R.I. Gen. Laws tit. 19, ch. 5

Credit Unions

19-5-1“Credit union” defined 19-5-2Incorporation 19-5-3Membership of credit unions 19-5-4Contents of bylaws 19-5-5Shares or deposits held jointly 19-5-6Demand deposits 19-5-7Voting rights 19-5-8Election and terms of directors 19-5-9Appointments and terms of supervisory committee members 19-5-10Credit committee 19-5-11Duplication of office prohibited — Oaths of office — Record of qualification 19-5-12Powers and duties of directors 19-5-13Loan applications 19-5-14Powers and duties of supervisory committee 19-5-15Investment of funds — Powers 19-5-15.1Purchase, sale and pledge of eligible obligations and assets 19-5-16Maximum aggregate liability of one person or company 19-5-17Compensation or loans to officers 19-5-18Expulsion of members 19-5-19Dividends 19-5-20Regular reserve 19-5-21Destruction of records 19-5-22Tax on deposits 19-5-23Conversion 19-5-24Merger 19-5-25Exercise of same powers as federal credit unions 19-5-26Liquidity reserves 19-5-27Interstate credit unions 19-5-28Severability 19-5-29Savings promotion raffle