280-20-10 R.I. Code R. § 1.17

Current through June 20, 2024
Section 280-RICR-20-10-1.17 - Receivership/Bankruptcy

In a sale by a court appointed receiver or trustee in bankruptcy where all the proceeds of the sale are placed in the receivership estate or bankruptcy estate and where no proceeds are given to the nonresident debtor, no withholding is required. A recital in the deed that the sale is by a receiver or trustee in bankruptcy shall be sufficient to discharge any lien under R.I. Gen. Laws § 44-30-71.3(c).

280 R.I. Code R. § 280-RICR-20-10-1.17