Rhode Island General Laws > Chapter 7-14 – Suppression of Criminally Operated Businesses
Current as of: 2023 | Check for updates
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Other versions
| § 7-14-1 | Forfeiture of charter and revocation of permit |
| § 7-14-2 | Enjoining operations of a business |
| § 7-14-3 | Institution and conduct of proceedings |
| § 7-14-4 | Severability |
Terms Used In Rhode Island General Laws > Chapter 7-14 - Suppression of Criminally Operated Businesses
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.