Rhode Island § 30-19-4 § 30-19-4. Power to receive proceeds of guaranteed loan.

Rhode Island Statutes

§ 30-19-4 — § 30-19-4. Power to receive proceeds of guaranteed loan.

Rhode Island·Title 30 Military Affairs and Defense·Ch. 30-19 Capacity of Minor Veterans

§ 30-19-4. Power to receive proceeds of guaranteed loan.
The funds loaned on any housing loan guaranteed, in part or in full, under the provisions
            of federal law may be paid over by the lender to the minor receiving that loan or
            at the direction of the minor and no person or corporation making payment of those
            funds shall be responsible for the proper application thereof, and prior to the application
            of those funds to any purchase or other purpose of that loan, any guardian of the
            minor shall not have, or be entitled to, the title, possession, or management of those
            funds and shall not inventory or account for them as part of the estate of the minor

Free access — add to your briefcase to read the full text and ask questions with AI

§ 30-19-4. Power to receive proceeds of guaranteed loan.

The funds loaned on any housing loan guaranteed, in part or in full, under the provisions of federal law may be paid over by the lender to the minor receiving that loan or at the direction of the minor and no person or corporation making payment of those funds shall be responsible for the proper application thereof, and prior to the application of those funds to any purchase or other purpose of that loan, any guardian of the minor shall not have, or be entitled to, the title, possession, or management of those funds and shall not inventory or account for them as part of the estate of the minor.

Rhode Island § 30-19-4 (§ 30-19-4. Power to receive proceeds of guaranteed loan.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.