Rhode Island § 9-26-9 § 9-26-9. Proceeds of sale of mortgaged property.

Rhode Island Statutes

§ 9-26-9 — § 9-26-9. Proceeds of sale of mortgaged property.

Rhode Island § 9-26-9

Title 9COURTS and CIVIL PROCEDURE–PROCEDURE GENERALLY

Ch. 9-26Levy and Sale on Execution

This text of Rhode Island § 9-26-9 (§ 9-26-9. Proceeds of sale of mortgaged property.) 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 § 9-26-9 (2026).

Text

§ 9-26-9. Proceeds of sale of mortgaged property.
The proceeds of the sale shall be applied to the payment of the amount due on the
            mortgage, with such deduction for interest for the anticipated payment, or allowance
            for damages for such anticipated payment, as may be ascertained and allowed by the
            court to which the execution is returnable, and the balance shall be applied to the
            payment of the amount due on the execution.
         

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§ 9-26-9. Proceeds of sale of mortgaged property.

The proceeds of the sale shall be applied to the payment of the amount due on the mortgage, with such deduction for interest for the anticipated payment, or allowance for damages for such anticipated payment, as may be ascertained and allowed by the court to which the execution is returnable, and the balance shall be applied to the payment of the amount due on the execution.