§ 35-10.1-1 Short title
§ 35-10.1-2 Definitions
§ 35-10.1-3 Securing of deposits
§ 35-10.1-4 Substitution of collateral
§ 35-10.1-5 Valuation of collateral
§ 35-10.1-6 Income from collateral
§ 35-10.1-7 Reports
§ 35-10.1-8 Insurance
§ 35-10.1-9 Federal deposit insurance
§ 35-10.1-10 Annual report
§ 35-10.1-11 Effective date
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Terms Used In Rhode Island General Laws > Chapter 35-10.1 - Collateralization of Public Deposits

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • United States: include the several states and the territories of the United States. See Rhode Island General Laws 43-3-8