Statutes > Rhode Island Statutes > Title 7 - Corporations, Associations and Partnerships > CHAPTER 7-4 - Business Corporations – Officers, Directors, and Stockholders > § 7-4-15 - Rights and liabilities surviving death of officer, director, or stockholder.

§ 7-4-15 - Rights and liabilities surviving death of officer, director, or stockholder.

SECTION 7-4-15

   § 7-4-15  Rights and liabilities survivingdeath of officer, director, or stockholder. – Except as otherwise provided in the general corporation law, any right ofaction against any officer, director, or stockholder of a corporation arisingfrom any liability or penalty created or imposed by the provisions of thegeneral corporation law survives the death of the person; and the right ofcontribution provided by this chapter exists in favor of the estate of theofficer, director, or stockholder.