§ 44-21-9. Forfeiture for neglect of duty by auctioneer.
Every auctioneer who fails to render his or her account or affidavit to the general treasurer, or fails to pay the duty due the state or city or town at the time and in the manner provided:
(1) May be required to pay to the state and/or city or town interest at the annual rate of twelve percent (12%) from the date the duty should have been paid; and/or
(2) Shall forfeit for every neglect five hundred dollars ($500), to be sued for by the general treasurer to the use of the state, unless the neglect is not paying the duty due the city or town, and then by the city or town treasurer to the use of the city or town.
History of Section.G.L. 1896, ch. 159, § 19; G.L. 1909, ch. 188, § 19; G.L. 1923, ch. 216, § 19; G.L. 1938, ch. 337, § 19; G.L. 1956, § 44-21-9; P.L. 1991, ch. 64, § 1.
Structure Rhode Island General Laws
Chapter 44-21 - Duty on Auction Sales
Section 44-21-1. - Sales subject to duty.
Section 44-21-2. - Duty imposed — Apportionment between state and city or town.
Section 44-21-3. - Amount on which duty based — Retention and payment by auctioneer.
Section 44-21-4. - Bidding on part of property to be sold.
Section 44-21-5. - Purchase by auctioneer or original owner.
Section 44-21-6. - Accounts rendered by auctioneers.
Section 44-21-7. - Oath to auctioneer’s account.
Section 44-21-8. - Payments to general and city or town treasurers.
Section 44-21-9. - Forfeiture for neglect of duty by auctioneer.