Rhode Island General Laws — Title 44 (Taxation)
R.I. Gen. Laws § 44-9-37 — Surplus proceeds from sale without foreclosure
If the amount received from the sale is more than the taxes, interest and charges,
and subsequent taxes and assessments, on all land included in the sale, together with
the expenses of the sale, the balance shall be deposited with the city or town treasurer
to be paid to the person entitled to it if demanded within five (5) years, otherwise
it shall enure to the city or town. If the surplus results from the sale of several
parcels for a lump sum, it shall be held for the several owners in proportion to the
prices at which the several parcels were originally assessed by the city or town.
Source: official text