§ 33-12-16 - Residue of insolvent estate of nonresident after payment to citizens. - Rhode-island Statutes

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Statutes > Rhode-island > Title-33 > Chapter-33-12 > 33-12-16

SECTION 33-12-16

§ 33-12-16 Residue of insolvent estate ofnonresident after payment to citizens. – If there is any residue after payment to the citizens of this state, it may bepaid to any creditors who have duly filed and proved their debts here inproportion to the amount due to each of them; but no one shall receive morethan would be due to him or her if the whole estate were divided ratably amongall the creditors as provided in § 33-12-15. The balance may betransmitted to the foreign executor or administrator; but if there is noforeign executor or administrator, it shall, after the expiration of four (4)years from the qualification of the administrator in this state, be distributedratably among all creditors, both citizens and others, who have proved theirdebts in this state.

State Codes and Statutes

Statutes > Rhode-island > Title-33 > Chapter-33-12 > 33-12-16

SECTION 33-12-16

§ 33-12-16 Residue of insolvent estate ofnonresident after payment to citizens. – If there is any residue after payment to the citizens of this state, it may bepaid to any creditors who have duly filed and proved their debts here inproportion to the amount due to each of them; but no one shall receive morethan would be due to him or her if the whole estate were divided ratably amongall the creditors as provided in § 33-12-15. The balance may betransmitted to the foreign executor or administrator; but if there is noforeign executor or administrator, it shall, after the expiration of four (4)years from the qualification of the administrator in this state, be distributedratably among all creditors, both citizens and others, who have proved theirdebts in this state.

State Codes and Statutes

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State Codes and Statutes

Statutes > Rhode-island > Title-33 > Chapter-33-12 > 33-12-16

SECTION 33-12-16

§ 33-12-16 Residue of insolvent estate ofnonresident after payment to citizens. – If there is any residue after payment to the citizens of this state, it may bepaid to any creditors who have duly filed and proved their debts here inproportion to the amount due to each of them; but no one shall receive morethan would be due to him or her if the whole estate were divided ratably amongall the creditors as provided in § 33-12-15. The balance may betransmitted to the foreign executor or administrator; but if there is noforeign executor or administrator, it shall, after the expiration of four (4)years from the qualification of the administrator in this state, be distributedratably among all creditors, both citizens and others, who have proved theirdebts in this state.