Financial Institutions

Credit Unions

SECTION 19-5-27

§ 19-5-27. Interstate credit unions.

A credit union chartered in another state shall be permitted to do business in Rhode Island if credit unions may do business in the other state, under terms and conditions no more onerous than the laws of the state of Rhode Island, as determined by the director, or the director's designee. The standards for interstate activities shall be the same as those for financial institutions.

History of Section.
(P.L. 1995, ch. 82, § 43.)