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Section 33-1.1-13 Purchasers for value without notice.

RI Gen L § 33-1.1-13 (2019) (N/A)
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§ 33-1.1-13. Purchasers for value without notice. The provisions of this chapter shall not affect the rights of any person who, before the interests of the slayer have been adjudicated, purchases from the slayer for value and without notice property which the slayer would have acquired except for the terms of this chapter; but all proceeds received by the slayer from such sale shall be held by him or her in trust for the persons entitled to the property under the provisions of this chapter, and the slayer shall also be liable both for any portion of the proceeds which he or she may have dissipated and for any difference between the actual value of the property and the amount of the proceeds.

History of Section. (P.L. 1962, ch. 62, § 1.)

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Section 33-1.1-12 Insurance companies, banks, or other obligors - Relief from liability when payment made without notice.
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