In Re Request for Advisory Opinion Regarding House Bill 83-H-5640

To His Excellency J. Joseph Garrahy

Governor of the State of Rhode Island and Providence Plantations

We received from your Excellency, pursuant to section 2 of Article XII of the amendments to the State Constitution, a request for our advice on the constitutionality of P.L.1983, ch. 284, “An Act Relating to Stock Savings Banks,” which became effective on May 19, 1983 without your signature.

Specifically, you have requested our advice upon the following questions:

“In addition to their rights to a liquidation account under Section 19-2-25, do the depositors in a mutual savings bank have any…