The amount of any tax, penalty, and interest charge imposed upon any banking institution under the provisions of this chapter shall, until collected, constitute a lien upon the banking institution’s real estate located in this state, and the lien shall take precedence over any other lien or encumbrance on the real estate.
R.I. Gen. Laws § 44-14-21
Lien on real estate
Known as the Bank Tax Act
The act spans §§ 44–44 (46 sections).
P.L. 1942, ch. 1212, art. 7, § 8; G.L. 1956, § 44-14-21.
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.