Rhode Island § 10-21-28.1 § 10-21-28.1. Emergency declaration temporary non-liquidating receivership transition provisions.

Rhode Island Statutes

§ 10-21-28.1 — § 10-21-28.1. Emergency declaration temporary non-liquidating receivership transition provisions.

Rhode Island § 10-21-28.1

Title 10Courts and civil procedure–Procedure in particular actions

Ch. 10-21Rhode Island Commercial Receivership Act

This text of Rhode Island § 10-21-28.1 (§ 10-21-28.1. Emergency declaration temporary non-liquidating receivership transition provisions.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 10-21-28.1 (2026).

Text

§ 10-21-28.1. Emergency declaration temporary non-liquidating receivership transition provisions.
(a) Notwithstanding § 10-21-28, the court may for cause apply this chapter to a receivership for which a receiver
            was appointed before June 20, 2022, if the owner would otherwise be eligible for a
            temporary non-liquidating receivership.
         
(b) Unless extended by the general assembly, the emergency declaration provisions apply
            only to a receivership in which the court first appoints a receiver:
         
(1) If because of the COVID-19 pandemic, during the period beginning on the effective
           

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§ 10-21-28.1. Emergency declaration temporary non-liquidating receivership transition provisions.

(a) Notwithstanding § 10-21-28, the court may for cause apply this chapter to a receivership for which a receiver was appointed before June 20, 2022, if the owner would otherwise be eligible for a temporary non-liquidating receivership.

(b) Unless extended by the general assembly, the emergency declaration provisions apply only to a receivership in which the court first appoints a receiver:

(1) If because of the COVID-19 pandemic, during the period beginning on the effective date of this chapter [June 20, 2022] and ending on June 30, 2022; or

(2) If because of any other emergency, during the period beginning on the date the emergency declaration is issued and ending ninety (90) days after the end of the emergency.