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passed both · Rhode Island · Senate Jul 7, 2017

SB 388: AN ACT RELATING TO PROPERTY - MORTGAGE FORECLOSURE (Imposes a penalty of $300 per month up to an aggregate total of $2,000 upon financial institutions failing to promptly record foreclosure deeds and pay outstanding taxes. Most holders of a private mortgage would be exempt from the penalty requirements.)

07/07/2017 Effective without Governor's signature
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