§ 9-1-1 - Action on promissory note. - Rhode Island Statutes

SECTION 9-1-1

   § 9-1-1  Action on promissory note. –Whenever any persons or bodies corporate, by themselves or by any person bythem lawfully authorized for the purpose, shall make or sign any promissorynote whereby the persons or bodies corporate shall promise to pay to any otherperson or body corporate any sum of money or specific article mentioned in thenote, the sum or article shall be taken and construed to be, by virtue thereof,due and payable to the person or body corporate; and the person or bodycorporate may maintain an action for the sum or article against the person orbody corporate who shall have made the promissory note.