§ 45-47-5. Certification in lieu of payment.
Any taxing authority is authorized to certify that, in lieu of payment of all or part of the lien arising under this chapter, it has obtained satisfactory proof that the insured has or will repair or rebuild at the situs of the loss. This certification should be deemed adequate to permit payment of insurance proceeds to the insured.
History of Section.P.L. 1982, ch. 251, § 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.