§ 44-53-16. Disposition of money from sale of property.
Any money realized by proceedings under this chapter shall be applied as follows:
(1) First, against the expenses of the proceedings.
(2) The amount, if any, remaining after payment of the expenses shall be applied against the liability in respect of which the levy was made or the sale was conducted.
(3) Any surplus proceeds remaining after this shall, upon application and satisfactory proof in support, be credited or refunded by the tax administrator to the person or persons legally entitled.
History of Section.P.L. 1993, ch. 138, art. 68, § 1.
Structure Rhode Island General Laws
Chapter 44-53 - Levy and Distraint
Section 44-53-1. - Levy upon property.
Section 44-53-2. - “Levy” defined.
Section 44-53-3. - Successive seizures.
Section 44-53-4. - Notice before levy.
Section 44-53-5. - Continuing levy on salary and wages.
Section 44-53-6. - Surrender of property.
Section 44-53-7. - Records on property subject to levy.
Section 44-53-8. - Exemptions.
Section 44-53-9. - Notice of seizure — Sale of property.
Section 44-53-10. - Appraised value of seized property.
Section 44-53-11. - Redemption of levied property.
Section 44-53-12. - Certificate of sale.
Section 44-53-13. - Ramifications of certificate of sale.
Section 44-53-14. - Records of sales and redemption.
Section 44-53-15. - Determination of expenses of levy and sale.
Section 44-53-16. - Disposition of money from sale of property.