There is a newer version of the Rhode Island General Laws
2009 Rhode Island Code
Title 45 - Towns and cities
CHAPTER 45-47 - Municipal Liens on Fire Insurance Proceeds
§ 45-47-8 - Priority of lien.
SECTION 45-47-8
§ 45-47-8 Priority of lien. – Any lien arising under this chapter is superior to all liens, and interest, of any other party, including any insured owner, mortgagee, or assignee except mortgagees and assignees of bona fide mortgages. A bona fide mortgage is one granted for full and adequate value and consideration.
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