Rhode Island 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.)
Status: 07/07/2017 Effective without Governor's signature (as of 2017-07-07)
State: Rhode Island · Session: 2017 · Bill: SB 388
Subjects: Property, Mortgages
Sponsors: Calkin, Ciccone, Goodwin, Metts, Quezada
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