Rhode Island General Laws 45-33.2-16. Bonds and notes as investment securities
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Notwithstanding any of the provisions of this chapter or any recitals in any bond or notes issued under this chapter, all bonds and notes are deemed to be investment securities under the Uniform Commercial Code, § 6A-1-101 — § 6A-9-507.
History of Section.
P.L. 1984, ch. 78, § 1.
Terms Used In Rhode Island General Laws 45-33.2-16
- 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