R.I. Gen. Laws § 45-47-8

Current through 2024 Public Law 457
Section 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.

R.I. Gen. Laws § 45-47-8

P.L. 1982, ch. 251, § 1.