Rhode Island General Laws 33-9-17. Lender not liable for loss or misapplication
Current as of: 2023 | Check for updates
|
Other versions
No person lending money to an executor or administrator who has been authorized to borrow by the court in accordance with the provisions of § 33-9-14 — § 33-9-16 shall be required to see to the application or be answerable for any loss or misapplication thereof.
History of Section.
G.L., ch. 312, § 56, as enacted by P.L. 1921, ch. 2030, § 1; G.L. 1923, ch. 363, § 56; G.L. 1938, ch. 575, § 54; G.L. 1956, § 33-9-17.
Terms Used In Rhode Island General Laws 33-9-17
- Executor: A male person named in a will to carry out the decedent
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6