§ 45-47-1. Lien on insurance proceeds.
There is created a lien in favor of any taking jurisdiction in this state on the proceeds of any insurance policy based upon a claim made for damage or loss to a building or other structure caused by or arising out of any fire or explosion. The lien arises upon any unpaid tax, special ad valorem levy, special assessment, or other charge imposed upon real property by or on behalf of the state, a municipal corporation, or a special district which is an encumbrance on real property, whether or not evidenced by written instrument, that has remained undischarged for at least one year prior to the filing of a proof of loss. The lien also arises as a result of any costs incurred by a municipal corporation to secure, demolish, or render an unsafe building or structure or part of the structure safe, in accordance with chapter 27.3 of title 23.
History of Section.P.L. 1982, ch. 251, § 1; P.L. 1984, ch. 179, § 1.
Structure Rhode Island General Laws
Chapter 45-47 - Municipal Liens on Fire Insurance Proceeds
Section 45-47-1. - Lien on insurance proceeds.
Section 45-47-2. - Certificate required for payment of claim.
Section 45-47-3. - Placement of proceeds in escrow account.
Section 45-47-4. - Inclusion of provision in policies.
Section 45-47-5. - Certification in lieu of payment.
Section 45-47-6. - Applicability of chapter.
Section 45-47-7. - Parties to insurance contract.
Section 45-47-8. - Priority of lien.