Rhode Island General Laws 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.
Terms Used In Rhode Island General Laws 33-1.1-13
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
- Property: shall include any real and personal property and any right or interest therein;
(3) "Slayer" means any person who wilfully and unlawfully takes or procures to be taken the life of another. See Rhode Island General Laws 33-1.1-1