Rhode Island Statutes

§ 45-47-8 — § 45-47-8. Priority of lien.

Rhode Island·Title 45 Towns and cities·Ch. 45-47 Municipal Liens on Fire Insurance Proceeds

§ 45-47-8. Priority of lien.
Any lien arising under this chapter is superior to all liens, and interest, of any
            other party, including any insured owner, mortgagee, or assignee except mortgagees
            and assignees of bona fide mortgages. A bona fide mortgage is one granted for full
            and adequate value and consideration.
         

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Rhode Island § 45-47-8 (§ 45-47-8. Priority of lien.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

P.L. 1982, ch. 251, § 1.

Nearby Sections

15

§ 45-1-1

§ 45-1-1. Boundaries remain as established.

§ 45-10-1

§ 45-10-1. Power to petition for installation of system.

§ 45-10-10

§ 45-10-10. Delivery of records to auditors.

§ 45-10-11

§ 45-10-11. Compelling attendance of witnesses and production of records.

§ 45-10-12

§ 45-10-12. Withholding of funds due towns failing to file reports.

§ 45-10-13

§ 45-10-13. Costs of audits, installation of accounting systems, or other assistance.

§ 45-10-14

§ 45-10-14. Appropriations and disbursements.

§ 45-10-15

§ 45-10-15. Compliance with requirements of "governmental accounting standards board (GASB)â€� pension funding.

§ 45-10-16

§ 45-10-16. Advisory council on municipal finances.

§ 45-10-2

§ 45-10-2. Certification of vote to install system — Installation.

§ 45-10-3

§ 45-10-3. Assistance in operation of system.

§ 45-10-4

§ 45-10-4. Annual post audit required.

§ 45-10-5

§ 45-10-5. Filing of audit report.

§ 45-10-5.1

§ 45-10-5.1. Uniform accounting procedures.

§ 45-10-5.2

§ 45-10-5.2. Failure to file audit report.

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