Rhode Island General Laws — Title 44 (Taxation)
R.I. Gen. Laws § 44-8-3
Sale of property â Disposition of surplus proceeds or property
If the owner does not pay the amount of the tax, with the interest or percentage and all costs and charges, by the time appointed for the sale, the collector shall sell the property, or enough to pay the sums due, at public auction. Any remaining property or surplus of money shall be returned to the owner or person entitled to receive it.
If no owner or person entitled to receive the property or surplus of money can be found by the collector, the collector shall deliver the property or surplus of money to the city or town treasurer, who shall hold it subject to the call of the owner or person entitled to receive the property or surplus of money.
Amendment history
History of Section. G.L. 1896, ch. 48, §§ 21, 22; G.L. 1909, ch. 60, §§ 23, 24; G.L. 1923, ch. 62, §§ 23, 24; G.L. 1938, ch. 32, §§ 11, 22, 23; P.L. 1946, ch. 1800, § 1; G.L. 1956, § 44-8-3.
Source: view the official text
In this chapter (11 sections)
- 44-8-1 · Property subject to distraint
- 44-8-2 · Notice of sale of personal property distrained
- 44-8-3 · Sale of property â Disposition of surplus proceeds or…
- 44-8-4 · Removal of property to advantageous place for sale
- 44-8-5 · Collection of tax after removal of person or property to…
- 44-8-6 · Adjournment of sales
- 44-8-7 · Summons of person holding property of nonresident or absent…
- 44-8-8 · Distress warrant against person holding property of…
- 44-8-9 · Payment of tax barring action by nonresident or absentee for…
- 44-8-10 · Distress warrant against delinquent corporation
- 44-8-11 · Attachment and sale of corporate property