Rhode Island § 10-4-1 § 10-4-1. Residence of assignee — Bond.

Rhode Island Statutes

§ 10-4-1 — § 10-4-1. Residence of assignee — Bond.

Rhode Island § 10-4-1

Title 10Courts and civil procedure–Procedure in particular actions

Ch. 10-4Assignment for Benefit of Creditors

This text of Rhode Island § 10-4-1 (§ 10-4-1. Residence of assignee — Bond.) 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 § 10-4-1 (2026).

Text

§ 10-4-1. Residence of assignee — Bond.
Every assignee at common law for the benefit of creditors shall be a resident of the
            state and shall give bond to the clerk of the superior court, with some surety company
            authorized to do business in this state, as surety, in the amount of one thousand
            dollars ($1,000), conditioned on the faithful performance of his or her duties. All
            such bonds shall be filed in the office of the clerk of the superior court and may
            be sued upon in the proper court at the relation of any party interested or aggrieved,
            upon surety for costs being given to the court in which the suit is brought. Joint
            assignees may 

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§ 10-4-1. Residence of assignee — Bond.

Every assignee at common law for the benefit of creditors shall be a resident of the state and shall give bond to the clerk of the superior court, with some surety company authorized to do business in this state, as surety, in the amount of one thousand dollars ($1,000), conditioned on the faithful performance of his or her duties. All such bonds shall be filed in the office of the clerk of the superior court and may be sued upon in the proper court at the relation of any party interested or aggrieved, upon surety for costs being given to the court in which the suit is brought. Joint assignees may give joint or several bonds.

Legislative History

P.L. 1902, ch. 984, § 1; C.P.A. 1905, § 1212; G.L. 1909, ch. 338, § 1; G.L. 1923, ch. 389, § 1; P.L. 1936, ch. 2390, § 1; G.L. 1938, ch. 585, § 1; G.L. 1956, § 10-4-1.