Corporations, Associations, and Partnerships

Rhode Island Uniform Securities Act

PART 7-11-601
Enforcement and Civil Liability

SECTION 7-11-606

§ 7-11-606. Civil statute of limitations.

No person may obtain relief under § 7-11-605 unless suit is brought within the earliest of one year after the discovery of the violation, one year after discovery should have been made by the exercise of reasonable care, or three (3) years after the act, omission, or transaction constituting the violation.

History of Section.
(P.L. 1990, ch. 460, § 2.)