Filing of claims in liquidation proceedings.
R.I. Gen. Laws § 7-6-63
in effect7-6-63. Filing of claims in liquidation proceedings.
In proceedings to liquidate the assets and affairs of a corporation, the court may
require all creditors of the corporation to file with the clerk of the court or with
the receiver, in any form that the court prescribes, proofs under oath of their respective
claims. If the court requires the filing of claims it shall fix a date of not less
than four (4) months from the date of the order, as the last day of the filing of
claims, and shall prescribe the notice that shall be given to creditors and claimants
of the fixed date. Prior to the fixed date, the court may extend the time for the
filing of claims. Creditors and claimants failing to file proofs of claim on or before
the fixed date may be barred, by order of court, from participating in the distribution
of the assets of the corporation.
P.L. 1984, ch. 380, § 1; P.L. 1984, ch. 444, § 1.
Source: State of Rhode Island General Assembly (rilegislature.gov)URL: https://webserver.rilegislature.gov/Statutes/TITLE7/7-6/7-6-63.htmFetched: 10/20/2026