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RI H7283
Bill
Status
1/23/2026
Primary Sponsor
Michael Chippendale
Click for details
AI Summary
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Administrators and executors of estates may request all funds of a decedent on deposit from any financial institution upon presenting proof of appointment and personal identification
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Financial institutions must provide the decedent's funds to the administrator or executor on the same day of the request
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Financial institutions are prohibited from charging additional fees for releasing decedent funds to authorized estate representatives
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The Department of Business Regulation is granted authority to impose penalties on financial institutions that violate these requirements, pursuant to § 19-14-26
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Takes effect immediately upon passage
Legislative Description
Allows a duly authorized administrator or executor of an estate to request decedent's funds on deposit with any financial institution without cost.
Probate Practice And Procedure
Last Action
Committee recommended measure be held for further study
1/29/2026