Banking Regulation 2


230-RICR-40-15-1 INACTIVE RULE

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Title 230 Department of Business Regulation (includes the Office of the Health Insurance Commissioner)
Chapter 40 Banking
Subchapter 15 Mutual Holding Companies
Part 1 Banking Regulation 2
Type of Filing Adoption
Regulation Status Inactive
Effective 05/27/2003 to 05/27/2003

Regulation Authority:

R.I.Gen. Laws Sections 19-2-14, 19-2-14.1 and 42-14-17

Purpose and Reason:

The purpose of this Regulation is to set forth procedures to carry out the provisions of R.I.Gen. Laws Sections 19-2-14 and 19-2-14.1 entitled "Conversion to stock form of financial institution" and "Mutual holding companies", respectively. The actions and information required by this Regulation are hereby declared to be necessary and appropriate and in the public interest.