§ 27-1-34 - Definitions. - Rhode Island Statutes

SECTION 27-1-34

   § 27-1-34  Definitions. – When used in §§ 27-1-28 – 27-1-36:

   (1) "Equity security" means any stock or similar security, orany security convertible with or without consideration into a security, orcarrying any warrant or right to subscribe to or purchase a security, or anywarrant or right; or any other security which the commissioner shall deem to beof similar nature and consider necessary or appropriate, by the rules andregulations the commissioner may prescribe in the public interest or for theprotection of investors, to treat as an equity security;

   (2) "Officer" means a president, vice president, treasurer,actuary, secretary, controller, and any other person who performs for thecompany functions corresponding to those performed by the foregoing officers.