Title 7
Corporations, Associations, and Partnerships

Chapter 11
Rhode Island Uniform Securities Act

Part II
Licensing of Broker-Dealers, Sales Representatives, and Investment Advisers and Investment Adviser Representatives

R.I. Gen. Laws § 7-11-215

§ 7-11-215. Custody of clients’ securities and funds.

Unless prohibited by rule or order of the director, an investment adviser registered under this chapter may take or retain custody of securities or funds of a client.

History of Section.
P.L. 1990, ch. 460, § 2; P.L. 1997, ch. 69, § 1.