Rhode Island General Laws 19-14-17. Contracts unimpaired by revocation, suspension, or surrender of license
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Any revocation, suspension, or surrender of a license shall not impair or affect the obligation of any preexisting lawful contract between the licensee and any customer.
History of Section.
P.L. 1995, ch. 82, § 52.
Terms Used In Rhode Island General Laws 19-14-17
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.