The bill amends Section 19-1-1 of the General Laws in Chapter 19-1, which pertains to the definitions and establishment of financial institutions. The amendment updates the definition of "regulated institution" to include non-depository trust companies organized under the laws of any state or the United States. This change clarifies the scope of entities that fall under regulatory oversight. The act will take effect immediately upon passage.

Statutes affected:
376: 19-1-1