Current through 2024 Public Law 457
Section 10-21-28.1 - Emergency declaration temporary non-liquidating receivership transition provisions(a) Notwithstanding § 10-21-28, the court may for cause apply this chapter to a receivership for which a receiver was appointed before the effective date of this chapter, if the owner would otherwise be eligible for a temporary non-liquidating receivership.(b) Unless extended by the General Assembly, the emergency declaration provisions apply only to a receivership in which the court first appoints a receiver:(1) If because of the COVID-19 pandemic, during the period beginning on the effective date of this chapter and ending on June 30, 2022; or(2) If because of any other emergency, during the period beginning on the date the emergency declaration is issued and ending ninety (90) days after the end of the emergency.R.I. Gen. Laws § 10-21-28.1
Added by 2022 Pub. Laws, ch. 107,§ 1, eff. 6/20/2022.Added by 2022 Pub. Laws, ch. 108,§ 1, eff. 6/20/2022.