Rhode Island General Laws 42-116-19. Investment securities
Current as of: 2023 | Check for updates
|
Other versions
Notwithstanding any of the provisions of this chapter or any recitals in any bonds issued hereunder, all such bonds are deemed to be investment securities under the Uniform Commercial Code, title 6A of the general laws.
History of Section.
P.L. 1991, ch. 3, § 4.
Terms Used In Rhode Island General Laws 42-116-19
- Bonds: means the bonds, notes, or other evidences of indebtedness of the corporation. See Rhode Island General Laws 42-116-3
- Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC