Rhode Island General Laws 45-47-5. Certification in lieu of payment
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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.
Terms Used In Rhode Island General Laws 45-47-5
- Lien: A claim against real or personal property in satisfaction of a debt.