§ 34-44-10. Legality of prior and inferior mortgage liens.
The creation of any mortgage lien under this chapter prior to or superior to any mortgage of record at the time the mortgage lien was created shall not disqualify a prior recorded mortgage as a legal investment under chapter 9 of title 19.
History of Section.P.L. 1986, ch. 447, § 1.
Structure Rhode Island General Laws
Chapter 34-44 - Abandoned Property
Section 34-44-1. - Short title.
Section 34-44-2. - Definitions.
Section 34-44-3. - Injunctive relief and other relief.
Section 34-44-4. - Public nuisance determination — Show cause hearing — Appointment of receiver.
Section 34-44-4.1. - Court determinations required.
Section 34-44-5. - Demolition.
Section 34-44-6. - Receiver’s bond — Power and duties.
Section 34-44-8. - Expenses of receivership — Fees.
Section 34-44-9. - Discharge of a receiver.
Section 34-44-10. - Legality of prior and inferior mortgage liens.
Section 34-44-11. - Receiver’s entitlement to fees and commissions.
Section 34-44-12. - Sale of building and property by receiver.