Rhode Island General Laws — Title 44 (Taxation)
R.I. Gen. Laws § 44-9-18.3 — Tiverton â Assignments to the Tiverton land trust
Notwithstanding the provisions of § 44-9-18, the town treasurer of the town of Tiverton, with the approval of the town council,
may transfer and assign any or all tax titles held by the town for no monetary consideration
to the Tiverton Land Trust, Incorporated, a non-profit Rhode Island corporation, and
further shall not be required to send notice of any intended transfer or assignment
to the owner of record. The transfer or assignment shall not confer upon the Tiverton
Land Trust, Incorporated any greater rights or responsibilities than those granted
to or imposed upon the town of Tiverton as original holder of the tax title. The Tiverton
Land Trust, Incorporated shall hold any tax title transferred or assigned subject
to any and all rights of redemption held by the owner of record and/or his or her
successors and assigns in title. Any and all statutory redemption costs shall be paid
to the town of Tiverton and the Tiverton Land Trust, Incorporated. Notwithstanding
the foregoing, the Tiverton Land Trust, Incorporated shall also hold and be permitted
to exercise any rights that the town of Tiverton previously held, including the right
to petition for foreclosure of any rights of redemption.
Source: official text