§ 44-8-11 - Attachment and sale of corporate property. - Rhode Island Statutes

SECTION 44-8-11

   § 44-8-11  Attachment and sale of corporateproperty. – The officer charged with the service of the warrant shall levy and collect thesum set forth in the warrant by attachment and seizure of the real and personalestate of the corporation against whom the warrant was issued, and shall sellthe estate at public auction, giving thirty (30) days previous notice of thetime and place of the sale by posting up two (2) notices in the city or town inwhich the corporation is located. A deed of the estate made by the officershall vest in the purchaser all the right, title, and interest, which thecorporation had in the estate at the time of the attachment and seizure of theestate.