Rhode Island § 44-18-28 § 44-18-28. Resale of fungible goods from commingled mass.

Rhode Island Statutes

§ 44-18-28 — § 44-18-28. Resale of fungible goods from commingled mass.

Rhode Island § 44-18-28

Title 44Taxation

Ch. 44-18Sales and Use Taxes â€” Liability and Computation

This text of Rhode Island § 44-18-28 (§ 44-18-28. Resale of fungible goods from commingled mass.) 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 § 44-18-28 (2026).

Text

§ 44-18-28. Resale of fungible goods from commingled mass.
If a purchaser gives a certificate with respect to the purchase of fungible goods
            and thereafter commingles these goods with other fungible goods not so purchased but
            of such similarity that the identity of the constituent goods in the commingled mass
            cannot be determined, sales from the mass of commingled goods are deemed to be sales
            of the purchased goods until a quantity of commingled goods equal to the quantity
            of commingled purchased goods has been sold.
         

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§ 44-18-28. Resale of fungible goods from commingled mass.

If a purchaser gives a certificate with respect to the purchase of fungible goods and thereafter commingles these goods with other fungible goods not so purchased but of such similarity that the identity of the constituent goods in the commingled mass cannot be determined, sales from the mass of commingled goods are deemed to be sales of the purchased goods until a quantity of commingled goods equal to the quantity of commingled purchased goods has been sold.