Rhode Island Adopts Home Loan Protection Act and Mortgage Foreclosure Disclosure Provisions

The Rhode Island Department of Business Regulations is reformatting all of its current banking regulations in order to incorporate them into the Rhode Island Code of Regulations and has adopted the Home Loan Protection Act and Mortgage Foreclosure Disclosure provisions. The RICR is a uniform code of all regulations filed by Rhode Island's state agencies, […]

The Hague Securities Convention – II. What do these provisions accomplish?

The cited provisions are choice-of-law provisions that select the governing law for the intermediary account agreement, which under the Hague Securities Convention will then also dictate the governing law for other issues regarding the securities, enumerated in Article 2 of the Convention, such as perfection of liens and priority of interests. By designating the governing […]