Title 19 · RI

Title 19Financial Institutions

Citation: R.I. Gen. Laws § 19-11-10

Section: 19-11-10

Title 19Financial Institutions

Chapter 11Conservatorship

R.I. Gen. Laws § 19-11-10

§ 19-11-10. Payment of expense of conservatorship.

The compensation of the conservator and of legal counsel, assistants, and other employees of the conservator and all other expenses incident to each conservatorship, including costs and expenses incurred by the director, or the director’s designee, in relation to the conservatorship, shall be fixed by the director, or the director’s designee, and paid from and out of the assets of the financial institution or credit union.

History of Section.P.L. 1995, ch. 82, § 49.