Rhode Island § 45-33.1-2 § 45-33.1-2. Acceptance of security interests and mortgages.

Rhode Island Statutes

§ 45-33.1-2 — § 45-33.1-2. Acceptance of security interests and mortgages.

Rhode Island § 45-33.1-2

Title 45Towns and cities

Ch. 45-33.1Rehabilitation Loans

This text of Rhode Island § 45-33.1-2 (§ 45-33.1-2. Acceptance of security interests and mortgages.) 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 § 45-33.1-2 (2026).

Text

§ 45-33.1-2. Acceptance of security interests and mortgages.
The various cities and towns and their respective redevelopment agencies are severally
            authorized to accept security interests and mortgages in personal property and real
            estate to secure loans made under this chapter, and are severally empowered to exercise
            all of the rights of a secured party or mortgagee with respect to those secured loans.
         

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§ 45-33.1-2. Acceptance of security interests and mortgages.

The various cities and towns and their respective redevelopment agencies are severally authorized to accept security interests and mortgages in personal property and real estate to secure loans made under this chapter, and are severally empowered to exercise all of the rights of a secured party or mortgagee with respect to those secured loans.