Chapter 410

2006 -- S 3148 AS AMENDED

Enacted 07/07/06

A N A C T

RELATING TO TAXATION - TAX SALES

Introduced By: Senators Felag, and Gibbs

Date Introduced: June 08, 2006

It is enacted by the General Assembly as follows:

     SECTION 1. Chapter 44-9 of the General Laws entitled "Tax Sales" is hereby amended

by adding thereto the following section:

44-9-18.3. Tiverton – Assignments to the Tiverton land trust. -- Notwithstanding the

provisions of section 44-9-18, the town treasurer of the town of Tiverton, with the approval of the

town council, may transfer and assign any or all tax titles held by the town for no monetary

consideration to the Tiverton Land Trust, Incorporated, a non-profit Rhode Island corporation,

and further shall not be required to send notice of any intended transfer or assignment to the

owner of record. The transfer or assignment shall not confer upon the Tiverton Land Trust,

Incorporated any greater rights or responsibilities than those granted to or imposed upon the town

of Tiverton as original holder of the tax title. The Tiverton Land Trust, Incorporated shall hold

any tax title transferred or assigned subject to any and all rights of redemption held by the owner

of record and/or his or her successors and assigns in title. Any and all statutory redemption costs

shall be paid to the town of Tiverton and the Tiverton Land Trust, Incorporated. Notwithstanding

the foregoing, the Tiverton Land Trust, Incorporated shall also hold and be permitted to exercise

any rights that the town of Tiverton previously held, including the right to petition for foreclosure

of any rights of redemption.

     SECTION 2. This act shall take effect upon passage.

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LC03403

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