§ 44-9-18.4. Westerly — Assignments to the Westerly land trust.
Notwithstanding the provisions of § 44-9-18, the tax collector of the town of Westerly, with the approval of the town council, may transfer and assign any or all tax titles held by the town, for no monetary consideration, to the Westerly Municipal Land Trust, established by chapter 165 of the 2002 Public Laws and further shall not be required to send notice of any intended transfer or assignment to the owner of record. The transfer or assignment shall not confer upon the Westerly Municipal Land Trust any greater rights or responsibilities than those granted to or imposed upon the town of Westerly as original holder of the tax title. The Westerly Municipal Land Trust shall hold any tax title transferred or assigned subject to any and all rights of redemption held by the owner of record and/or his or her successors and assigns in title. Any and all statutory redemption costs shall be paid to the town of Westerly and the Westerly Municipal Land Trust. Notwithstanding the foregoing, the Westerly Municipal Land Trust shall also hold and be permitted to exercise any rights that the town of Westerly previously held, including the right to petition for foreclosure of any rights of redemption.
History of Section.
P.L. 2007, ch. 153, § 1; P.L. 2007, ch. 327, § 1.