Rhode Island § 33-21.1-2 § 33-21.1-2. Property presumed abandoned.

Rhode Island Statutes

§ 33-21.1-2 — § 33-21.1-2. Property presumed abandoned.

Rhode Island § 33-21.1-2

Title 33Probate practice and procedure

Ch. 33-21.1Unclaimed Intangible and Tangible Property

This text of Rhode Island § 33-21.1-2 (§ 33-21.1-2. Property presumed abandoned.) 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 § 33-21.1-2 (2026).

Text

§ 33-21.1-2. Property presumed abandoned.
(a) Except as otherwise provided by this chapter, all intangible property, including any
            income or increment derived from intangible property, less any lawful charges, that
            is held, issued, or owing in the ordinary course of a holder's business and has remained
            unclaimed by the owner for more than three (3) years after it became payable or distributable
            is presumed abandoned.
         
(b) Property is payable or distributable for the purpose of this chapter notwithstanding
            the owner's failure to make demand or to present any instrument or document required
            to rece

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§ 33-21.1-2. Property presumed abandoned.

(a) Except as otherwise provided by this chapter, all intangible property, including any income or increment derived from intangible property, less any lawful charges, that is held, issued, or owing in the ordinary course of a holder's business and has remained unclaimed by the owner for more than three (3) years after it became payable or distributable is presumed abandoned.

(b) Property is payable or distributable for the purpose of this chapter notwithstanding the owner's failure to make demand or to present any instrument or document required to receive payment.