Chapter 271
2008 -- S 2912
Enacted 07/08/08
A N A C T
RELATING
TO PROPERTY -- ESTATES IN REAL PROPERTY
Introduced
By: Senator M. Teresa Paiva-Weed
Date
Introduced: April 01, 2008
It is enacted by the General Assembly as
follows:
SECTION 1. Section
34-4-21 of the General Laws in Chapter 34-4 entitled "Estates in
Real Property" is hereby amended to read as
follows:
34-4-21.
Limitation of restrictive covenants. -- If a covenant or restriction
concerning
the use of land, other than housing restrictions
as set forth in section 34-39.1-3, and conservation
restrictions and preservation restrictions as
set forth in sections 34-39-3 and 34-39-4, is created by
any instrument taking effect after May 11, 1953,
the covenant or restriction, if unlimited in time
in the instrument, shall cease to be valid and
operative thirty (30) years after the execution of the
instrument creating it.; provided,
however, that the terms of this section shall not apply to any
covenants and/or restrictions initially created
by the Commerce Oil Refining Corporation with
respect to land in the town of Jamestown.
SECTION 2. This
act shall take effect upon passage.
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LC02613
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