{"data":{"id":"us-ri/r.i.-gen.-laws-10-21-6.1","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 10-21-6.1","heading":"Appointment of temporary non-liquidating receiver.","body":"The court may appoint a temporary non-liquidating receiver on the request of the owner if:\n(1) As of the date of an emergency declaration, the owner was not insolvent;\n(2) As of the date of an emergency declaration, the owner was generally paying its debts as those debts became due;\n(3) As of the date of an emergency declaration, the owner was not in material default of its obligations to a secured party; and\n(4) Either:\n(i) Because of the events giving rise to the emergency, the owner’s gross revenue has declined by more than twenty percent (20%), in a sixty (60) day period beginning on or after the date of an emergency declaration, as compared to the same period of the previous year; or\n(ii) Because of action by a governmental unit exercising its police or regulatory power to mitigate or otherwise address the emergency, the owner suspended or ceased a substantial part of its business operations.","path":["Title 10 Courts and Civil Procedure — Procedure in Particular Actions","Chapter 21 Rhode Island Commercial Receivership Act"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE10/10-21/10-21-6.1.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:55:08Z","sha256":"6f2af655f1e268fc643945e869fbc8c6c813e48c83ae24cc6964c6c4806bf96d","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-10-21-6","next":"us-ri/r.i.-gen.-laws-10-21-7"},"notice":"GroundRules: Original legal text. Not legal advice."}
