Chapter 116
Rhode Island Depositors Economic Protection Corporation

Index of Sections

§ 42-116-1. Short title.

§ 42-116-2. Legislative findings.

§ 42-116-3. Definitions.

§ 42-116-4. Establishment of corporation — Composition of corporation — Appointment of directors.

§ 42-116-5. General powers of corporation.

§ 42-116-5.1. Sale of property.

§ 42-116-6. Additional general powers.

§ 42-116-7. Assumption of liabilities and distribution.

§ 42-116-8. Officers.

§ 42-116-9. Ethics.

§ 42-116-10. Promulgation of regulations.

§ 42-116-11. Payment of state funds — Agreement between corporation and department.

§ 42-116-12. Payment of depositor’s claims.

§ 42-116-12.1. Distribution of funds in individual retirement accounts.

§ 42-116-13. Bonds of the corporation.

§ 42-116-14. Refunding bonds.

§ 42-116-15. Bonds eligible for investment.

§ 42-116-16. No additional consent required.

§ 42-116-17. Bonds not obligations of the state.

§ 42-116-18. Lien status — Recording.

§ 42-116-19. Investment securities.

§ 42-116-20. Trust fund.

§ 42-116-21. Authorization to accept appropriated monies.

§ 42-116-22. Assistance by state officers, departments, boards and commissions.

§ 42-116-23. Certain agreements.

§ 42-116-24. Tax exemption.

§ 42-116-25. Duration of corporation — Termination.

§ 42-116-25.1. Defeasance of corporation bonds.

§ 42-116-25.2. Indemnification.

§ 42-116-26. Record keeping — Financial statements.

§ 42-116-27. Inconsistent laws — Supplemental powers.

§ 42-116-28. Compliance with federal law.

§ 42-116-29. Inapplicability of certain laws.

§ 42-116-30. Liability of the corporation.

§ 42-116-31. Special revenue fund.

§ 42-116-32. Corporation’s right to subrogation.

§ 42-116-33. Performance review committee.

§ 42-116-34. Severability.

§ 42-116-35. Excess interest forfeiture.

§ 42-116-36. Recording certain transfer documents.

§ 42-116-37. Use of funds.

§ 42-116-38. Depositor’s advisory board.

§ 42-116-39. Payment of commission costs.

§ 42-116-40. Court-approved settlements.

§ 42-116-41. Loan portfolio valuation.