Rhode Island General Laws
Chapter 9-26 - Levy and Sale on Execution
Section 9-26-25. - Execution against corporations — Action against officers and stockholders.

§ 9-26-25. Execution against corporations — Action against officers and stockholders.
Whenever final judgment for any sum shall be rendered by any court against any banking association or any incorporated company, execution on the judgment shall be issued against the goods, chattels, and real estate of the corporation; and whenever any execution shall be, by the officer charged with the service thereof, returned that he or she cannot find sufficient property of the corporation whereon to levy the execution, the party in whose favor the judgment shall have been rendered may bring a civil action in the court in which the judgment was rendered against the president and directors, trustees, managers, or other like officers of the corporation, if any such there are, and, if none, then against so many of the stockholders or members thereof as he or she may think fit.
History of Section.C.P.A. 1905, § 645; G.L. 1909, ch. 304, § 22; G.L. 1923, ch. 355, § 22; G.L. 1938, ch. 553, § 22; G.L. 1956, § 9-26-25; P.L. 1965, ch. 55, § 45.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 9 - Courts and Civil Procedure – Procedure Generally

Chapter 9-26 - Levy and Sale on Execution

Section 9-26-1. - “Trustee” defined.

Section 9-26-2. - Duty to execute and return writs.

Section 9-26-3. - Body of deceased person exempt.

Section 9-26-4. - Property exempt from attachment.

Section 9-26-4.1. - Homestead estate exemption.

Section 9-26-5. - Exemption of police and firefighters’ pensions — Assignments invalid.

Section 9-26-6. - Setoff of executions.

Section 9-26-7. - Mortgaged personal property.

Section 9-26-8. - Sale of mortgaged property.

Section 9-26-9. - Proceeds of sale of mortgaged property.

Section 9-26-10. - Redemption of mortgaged property by plaintiff in execution.

Section 9-26-11. - Attachment void unless mortgage redeemed or property sold.

Section 9-26-12. - Retention of goods levied on by officer — Perishable goods.

Section 9-26-13. - Sale at auction — Surplus proceeds.

Section 9-26-14. - Recording of execution against real estate.

Section 9-26-15. - Recording effective as levy.

Section 9-26-16. - Advertisement and sale of real estate levied on — Disposition of proceeds.

Section 9-26-17. - Adjournment of sale.

Section 9-26-18. - Sale after return day of execution.

Section 9-26-19. - Form of deed on execution sale.

Section 9-26-20. - Time of attachment shown in deed.

Section 9-26-21. - Copies of execution records as evidence.

Section 9-26-22. - Levy on attached stock.

Section 9-26-23. - Sale and transfer of stock.

Section 9-26-24. - Levy on corporate stock not previously attached.

Section 9-26-25. - Execution against corporations — Action against officers and stockholders.

Section 9-26-26. - Execution against corporation officers and stockholders.

Section 9-26-27. - Interest on execution.

Section 9-26-28. - Execution against a deputy sheriff.

Section 9-26-29. - Execution against body of a deputy sheriff for want of property.

Section 9-26-30. - Priority of attachments.

Section 9-26-31. - Priority of levies.

Section 9-26-32. - Time of day of levy to be noted.

Section 9-26-33. - Discharge after twenty years of levy against real estate.

Section 9-26-34. - Attachment of state and municipal employees’ wages.