Banking Regulation 98-5
230-RICR-40-05-4 INACTIVE RULE
Title | 230 | Department of Business Regulation (includes the Office of the Health Insurance Commissioner) |
Chapter | 40 | Banking |
Subchapter | 05 | Financial Institutions and Credit Unions |
Part | 4 | Banking Regulation 98-5 |
Type of Filing | Periodic Refile |
Regulation Status | Inactive |
Effective | 12/19/2001 to 12/19/2001 |
Regulation Authority:
R.I. Gen. Laws Sections 19-5-4, 19-5-9, 19-5-17, 19-5-21 and 42-35-4.1
Purpose and Reason:
This regulation is to provide for: credit union by-law content and amendment procedures pursuant to R.I. Gen. Laws Section 19-5-4; a definition for qualified individuals for credit union supervisory committee membership pursuant to R.I. Gen. Laws Section 19-5-9; requirements of loans to credit union officers and directors pursuant to R.I. Gen. Laws Section 19-5-17; and destruction of records programs for credit unions pursuant to R.I. Gen. Laws 19-5-21.