§ 9-21-13 Periodic payment of tort judgments.
In any legal action based upon a cause of action arising for personal injury, property damage, or wrongful death in which damages, if liability is proved, are likely to be in excess of one hundred fifty thousand dollars ($150,000), the parties shall consider the use of periodic payments as means of settlement.
(P.L. 1987, ch. 522, § 1.)