R.I. Gen. Laws § 19-14.3-3.6 — property interests and entitlements to virtual currency

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Research, not advice. Part of the Bitcoin research archive (October 2026). Claims labelled unverified, contested or fringe are reported, not endorsed; statuses of bills and rules are as of the date checked. Government, court and patent records are public domain; the research notes are CC BY 4.0.

Title 19
Financial Institutions

            Chapter 14.3
Currency Transmissions

R.I. Gen. Laws § 19-14.3-3.6

§ 19-14.3-3.6. Property interests and entitlements to virtual currency.

(a) A licensee that has control of virtual currency for one or more persons shall maintain
            in its control an amount of each type of virtual currency sufficient to satisfy the
            aggregate entitlements of the persons to the type of virtual currency.

(b) If a licensee violates subsection (a), the property interests of the persons in the
            virtual currency are pro rata property interests in the type of virtual currency to
            which the persons are entitled, without regard to the time the persons became entitled
            to the virtual currency or the licensee obtained control of the virtual currency.

(c) The virtual currency referred to in this section is:

(1) Held for the persons entitled to the virtual currency;

(2) Not property of the licensee; and

(3) Not subject to the claims of creditors of the licensee.

History of Section.
P.L. 2019, ch. 226, § 4; P.L. 2019, ch. 246, § 4.