§ 10-4-5. Removal or replacement of assignee.
Any assignee under this chapter may be removed by the superior court, for cause shown, upon petition of one-fifth (⅕) in amount of the creditors and upon at least five (5) days’ notice by mail, postpaid, directed to all creditors at their respective addresses and directed to the assignee. In case of the death, resignation, or removal of any assignee, a successor may be appointed by the superior court, upon the petition of any person interested, with like notice, as provided in this section, to all the creditors and to the assignor.
History of Section.P.L. 1902, ch. 984, § 3; C.P.A. 1905, § 1232; G.L. 1909, ch. 338, § 3; G.L. 1923, ch. 389, § 3; G.L. 1938, ch. 595, § 3; G.L. 1956, § 10-4-5; P.L. 1997, ch. 326, § 94.
Structure Rhode Island General Laws
Title 10 - Courts and Civil Procedure – Procedure in Particular Actions
Chapter 10-4 - Assignment for Benefit of Creditors
Section 10-4-1. - Residence of assignee — Bond.
Section 10-4-2. - Filing of schedules and lists — Certificate of deed of assignment.
Section 10-4-3. - Place of filing of papers.
Section 10-4-4. - Recording and notice of assignments.
Section 10-4-5. - Removal or replacement of assignee.
Section 10-4-6. - Effect of assignment on liens.
Section 10-4-8. - Demands for and protection of property by assignee.
Section 10-4-9. - Effect on suits and proceedings of death, resignation, or removal of assignee.
Section 10-4-10. - Dividends to creditors — Assignee’s report — Discharge of surety on bond.
Section 10-4-11. - Record of proceedings.
Section 10-4-12. - Appeal to supreme court — Certification of questions.
Section 10-4-13. - Chancery jurisdiction preserved — Provisions mandatory.