Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 44-15-1-2 — Rhode Island Law | CourtGPT
  1. Home/
  2. Laws/
  3. Rhode Island/
  4. Title 44 - Taxation/
  5. Chapter 44 15/
  6. § 44-15-1-2
Rhode Island Legal Code

§ 44-15-1-2

Ask AI about this
An annual tax is imposed on every credit union with total deposits in excess of one hundred fifty million dollars ($150,000,000) at a rate of six and ninety-five one hundredths cents ($.0695) on each one hundred dollars ($100) of the daily average of the deposits with the credit union during the calendar year; for those credit unions with total deposits of one hundred fifty million dollars ($150,000,000) or less the rate shall be six and one-quarter cents ($.0625) on each one hundred dollars ($100) of the daily average of deposits with the credit union during the calendar year. History of Section.P.L. 1986, ch. 410, § 2; P.L. 1987, ch. 170, § 1; P.L. 1992, ch. 133, art. 29, § 1.