§ 4-10-7 — § 4-10-7. Unpaid claims exceeding bond.

§ 4-10-7. Unpaid claims exceeding bond.

If unpaid claims against dealers licensed under § 4-10-4(2), made within the period of time prescribed in § 4-10-6(b), are in excess of the surety bond, and are approved by the director of environmental management, the amounts may be prorated among the claimants by the director of environmental management.

Legislative History

P.L. 1946, ch. 1792, § 3A; P.L. 1955, ch. 3611, § 1; G.L. 1956, § 4-10-7.