The amounts expended by the receiver, the amount of any notes issued by the receiver, any amounts expended by any other person authorized by the court under this chapter, any mortgage authorized by the court under this chapter and the amounts expended in connection with the foreclosure of any mortgage authorized by the court under this chapter shall not be limited by any monetary jurisdictional limit otherwise imposed upon the court that appoints the receiver. The receiver shall not be personally liable except for misfeasance, malfeasance, or nonfeasance in the performance of the function of his or her office.
R.I. Gen. Laws § 34-44-7
Nonapplicability of monetary jurisdiction limits — Personal liability of receiver
Known as the Abandoned Property Act
The act spans §§ 34–34 (14 sections).
P.L. 1986, ch. 447, § 1.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.