Rhode Island § 39-14-25 § 39-14-25. Transfer of certificate.

Rhode Island Statutes

§ 39-14-25 — § 39-14-25. Transfer of certificate.

Rhode Island § 39-14-25

Title 39Public Utilities and Carriers

Ch. 39-14Taxicabs and Limited Public Motor Vehicles

This text of Rhode Island § 39-14-25 (§ 39-14-25. Transfer of certificate.) 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 § 39-14-25 (2026).

Text

§ 39-14-25. Transfer of certificate.
No certificate shall be sold or transferred until the administrator, upon written
            application setting forth the purposes, terms, and conditions of the sale or transfer,
            shall, after a hearing, approve the application. The application shall be accompanied
            by a fee of two hundred and fifty dollars ($250). All revenues received under this
            section shall be deposited as general revenues. A proposed transfer of a certificate
            shall be approved only if the administrator finds the transferee to be fit, willing,
            and able, financially and otherwise, to render the service described and authorized
            in the certifica

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§ 39-14-25. Transfer of certificate.

No certificate shall be sold or transferred until the administrator, upon written application setting forth the purposes, terms, and conditions of the sale or transfer, shall, after a hearing, approve the application. The application shall be accompanied by a fee of two hundred and fifty dollars ($250). All revenues received under this section shall be deposited as general revenues. A proposed transfer of a certificate shall be approved only if the administrator finds the transferee to be fit, willing, and able, financially and otherwise, to render the service described and authorized in the certificate; further, the administrator shall only reissue and transfer a certificate upon evidence that the transferor of the certificate has, during the six-month (6) period immediately prior to receipt of the transfer application, or during the six-month (6) period immediately preceding the filing of a petition for bankruptcy, whether voluntary or involuntary, or the institution of a petition for receivership, wherein the certificates are assets of the bankruptcy or receivership, been rendering the service authorized by the certificate.

Legislative History

P.L. 1980, ch. 131, § 2; P.L. 1986, ch. 34, § 2; P.L. 1992, ch. 133, art. 34, § 7; P.L. 1995, ch. 370, art. 40, § 120; P.L. 2007, ch. 73, art. 26, § 4; P.L. 2007, ch. 485, § 4.