§ 24-1-3. Deposit of compensation for property taken.
Immediately after the taking of property, the city or town council shall cause to be filed in the superior court in and for the county in which the real property lies a statement of the sum of money estimated to be just compensation for the property taken, and shall deposit in the superior court to the use of the persons entitled thereto the sum set forth in the statement. The city or town council shall satisfy the court that the amount so deposited with the court is sufficient to satisfy the just claims of all persons having an estate or interest in the real property. Whenever the city or town council satisfies the court that the claims of all persons interested in the real property taken have been satisfied, the unexpended balance shall be ordered repaid immediately to the city or town.
History of Section.P.L. 1962, ch. 216, § 1; P.L. 1997, ch. 326, § 97.
Structure Rhode Island General Laws
Chapter 24-1 - Laying Out and Taking by Cities and Towns
Section 24-1-1. - Authorization of condemnation.
Section 24-1-2. - Filing of plat and declaration.
Section 24-1-3. - Deposit of compensation for property taken.
Section 24-1-4. - Vesting of title to property taken.
Section 24-1-5. - Service of notice of condemnation.
Section 24-1-6. - Publication of notice.
Section 24-1-7. - Payment of agreed price.
Section 24-1-8. - Assessment of damages by court.
Section 24-1-9. - Conduct of trial on damages.
Section 24-1-10. - Consolidation of petitions.
Section 24-1-11. - Representation of infants and incompetents.
Section 24-1-12. - Late filing of petition.
Section 24-1-13. - Unknown owners.