Use or transfer of receivership property in a temporary non-liquidating receivership

R.I. Gen. Laws § 10-21-16.1., under Chapter 10-21 Rhode Island Commercial Receivership Act.

R.I. Gen. Laws § 10-21-16.1.

The owner may use or transfer receivership property, by sale, lease, license, exchange or other disposition, only:

(1) With court approval; and

(2) After the court approves the operating plan, in accordance with the plan.