§ 19-2-3 - Application to form financial institution – Issuance or denial of certificate. - Rhode Island Statutes

SECTION 19-2-3

   § 19-2-3  Application to form financialinstitution – Issuance or denial of certificate. – The subscribers to the agreement to form shall make application to the directoror the director's designee for a certificate that public convenience andadvantage will be promoted by the establishment of the financial institution,which certificate the director or the director's designee is hereby authorizedto grant. The decision on the certificate may be appealed to the board of bankincorporation pursuant to this title.