reglab/housing_qa huggingface dataset:
RI Gen L § 6-14-7 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-14 - Closing Out Sales|Section 6-14-7 - Record of license application.

§ 6-14-7. Record of license application.Every city or town clerk to whom application is made as provided for in § 6-14-4 shall endorse upon the application the date of its filing; shall preserve the application as a record of this office; and shall make an abstract of the facts stated in the application in a book kept for that purpose, properly indexed, containing the name of the person asking for the license; the nature of the proposed sale; the place where the sale is to be conducted; its duration; the inventory value of the goods, wares, and merchandise to be sold; and a general statement as to where the goods, wares, and merchandise came from, and shall make in the book a notation as to the issuance or refusal of that license applied for together with the date of the issuance or refusal; and shall endorse on the application the date the license is granted or refused, and the application and abstract shall be prima facie evidence of all statements therein contained. A copy of the application shall be forwarded by the city or town clerk to the office of the department of the attorney general.History of Section.P.L. 1956, ch. 3762, § 3; G.L. 1956, § 6-14-7; P.L. 1977, ch. 143, § 1; P.L. 2014, ch. 528, § 13.
RI Gen L § 6-14-8 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-14 - Closing Out Sales|Section 6-14-8 - Acts authorized by license.

§ 6-14-8. Acts authorized by license.The license as provided for in §§ 6-14-3 — 6-14-6 shall be valid only for a sale of the goods, wares, and merchandise inventoried and described in the application for the license, in the manner and at the time and place mentioned and presented in the application, and any advertising relating to the sale shall prominently state the designation of the sale as contained in the license granted; the final date of the sale; and the license number. No license shall thereafter issue for conducting a sale of any goods, wares, and merchandise that have been removed from the place of sale inventoried and described in the application for the license under the provisions of this chapter at any other place or places.History of Section.P.L. 1956, ch. 3762, § 5; G.L. 1956, § 6-14-8; P.L. 1977, ch. 143, § 2; P.L. 2014, ch. 528, § 13.
RI Gen L § 6-14-9 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-14 - Closing Out Sales|Section 6-14-9 - Additions to stock in contemplation of sale.

§ 6-14-9. Additions to stock in contemplation of sale.No person, in contemplation of conducting a "closing-out-sale"; "going-out-of-business sale"; "discontinuance-of-business sale"; "selling out"; "liquidation"; "lost our lease"; "must vacate"; "forced out"; "removal"; or a sale of other designation of like meaning; or a sale of goods, wares, and merchandise damaged by fire, smoke, water, or otherwise, under a license as provided for in §§ 6-14-3 — 6-14-6, shall order any goods, wares, or merchandise for the purpose of selling and disposing of the goods, wares, or merchandise at the sale, and any unusual purchase and additions to the stock of the goods, wares, and merchandise within thirty (30) days prior to the filing of the application for license to conduct the sale mentioned in § 6-14-3 shall be presumptive evidence that the purchases and additions to stock were made in contemplation of the sale and for the purpose of selling the purchases and additions to stock at the sale.History of Section.P.L. 1956, ch. 3762, § 6; G.L. 1956, § 6-14-9; P.L. 1966, ch. 137, § 1; P.L. 2014, ch. 528, § 13.
RI Gen L § 6-14-10 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-14 - Closing Out Sales|Section 6-14-10 - Additions during sale.

§ 6-14-10. Additions during sale.No person carrying on or conducting a "closing-out sale"; "going-out-of-business sale"; "discontinuance-of-business sale"; "selling out"; "liquidation"; "lost our lease"; "must vacate"; "forced out"; "removal"; or a sale of other designation of like meaning; or a sale of goods, wares, and merchandise damaged by fire, smoke, water, or otherwise, under a license as provided for in §§ 6-14-3 — 6-14-6 shall, during the continuance of the sale, for the purpose of selling and disposing of the goods, wares, and merchandise at the sale, add any goods, wares, and merchandise to the stock of goods, wares, or merchandise described and inventoried in the original application for the license, and no goods, wares, or merchandise described and inventoried in the original application, and each addition of goods, wares, or merchandise to the stock of goods, wares, or merchandise described and inventoried in the application, for the purpose of selling and disposing of the goods, wares, and merchandise at the sale, and each sale of the goods, wares, and merchandise at the sale, that were not inventoried and described in the application, shall constitute a separate offense under this chapter.History of Section.P.L. 1956, ch. 3762, § 7; G.L. 1956, § 6-14-10; P.L. 1966, ch. 137, § 1; P.L. 2014, ch. 528, § 13.
RI Gen L § 6-14-11 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-14 - Closing Out Sales|Section 6-14-11 - Continuance of business after expiration of license.

§ 6-14-11. Continuance of business after expiration of license.Any person who, under the provisions of this chapter, conducts a "closing-out sale"; "going-out-of-business sale"; "discontinuance-of-business sale"; "selling out"; "liquidation"; "lost our lease"; "must vacate"; "forced out"; "removal"; or a sale of other designation of like meaning; or a sale of goods, wares, and merchandise damaged by fire, smoke, water, or otherwise, beyond the date specified by the sale, or who upon conclusion of the sale: (1) Continues that business that had been represented as "closing out," or "going out of business," or by similar designation as described in this chapter; or (2) Having discontinued the business, resumes the business within one year from the expiration date of the license for the sale provided for in this chapter, under the same name, or under a different name, at the same location, or elsewhere in the same city or town where the inventory for the sale was filed, or who, upon conclusion of the sale, continues business contrary to the designation of the sale; shall be deemed guilty of a misdemeanor and shall, upon conviction, be fined in a sum not less than fifty dollars ($50.00) nor more than five hundred dollars ($500) or shall be imprisoned for not less than ten (10) days nor more than six (6) months, or both, within the discretion of the court.History of Section.P.L. 1956, ch. 1956, § 8; G.L. 1956, § 6-14-11; P.L. 1966, ch. 137, § 1; P.L. 2014, ch. 528, § 13.
RI Gen L § 6-14-11.1 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-14 - Closing Out Sales|Section 6-14-11.1 - Purchase of stock or inventory following a sale.

§ 6-14-11.1. Purchase of stock or inventory following a sale.(a) It shall be unlawful for any person who purchases from another the remaining stock or inventory or a portion of the stock or inventory remaining from a "closing-out sale"; "going-out-of-business sale"; "discontinuance-of-business sale"; "selling out"; "liquidation"; "lost our lease"; "must vacate"; "forced out"; "removal"; or other designation of like meaning; or a sale of goods, wares, and merchandise damaged by fire, smoke, water, or otherwise; or who purchases stock or inventory from a person who no longer sells similar merchandise at the same location; to engage in the following conduct:(1) To advertise that the stock previously belonging to the original person or business is being offered for sale unless it is clearly stated what portion of the total merchandise as a percentage of the total dollar value of the entire inventory being offered for sale is the goods that were purchased from the original person or business.(2) To offer for sale stock previously belonging to the original person or business along with additional merchandise unless items belonging to the original person or business are clearly labeled as such.(b) Any person who shall violate the provisions of this section shall be deemed guilty of a misdemeanor, and shall, upon conviction, be fined in the sum of not less than fifty dollars ($50.00) nor more than five hundred dollars ($500), or shall be imprisoned for not less than ten (10) days nor more than six (6) months, or both, within the discretion of the court. In lieu of, or in addition to the penalty previously provided in this subsection, the court may order the defendant to pay to the court a sum not to exceed five hundred dollars ($500) for the purpose of paying for an advertisement, prepared by the department of the attorney general, for placement in Rhode Island newspapers, pointing out the violation(s) of this section as presented in the false advertising, provided that the advertisement shall not indicate the name or address of the person convicted under the provisions of this section.History of Section.P.L. 1980, ch. 101, § 1; P.L. 2014, ch. 528, § 13.
RI Gen L § 6-14-12 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-14 - Closing Out Sales|Section 6-14-12 - Unlicensed sales.

§ 6-14-12. Unlicensed sales.Any person who shall advertise, represent, or hold out for sale a stock of goods, wares, and merchandise under the description of "closing-out sale"; "going-out-of-business sale"; "discontinuance-of-business sale"; "selling out"; "liquidation"; "lost our lease"; "must vacate"; "forced out"; "removal"; or other designation of like meaning; or a sale of goods, wares, and merchandise damaged by fire, smoke, water, or otherwise, without first having complied with the provisions of this chapter, shall be deemed guilty of a misdemeanor and shall, upon conviction, be fined in a sum not less than fifty dollars ($50.00) nor more than five hundred dollars ($500), or shall be imprisoned for not less than ten (10) days nor more than six (6) months, or both, within the discretion of the court.History of Section.P.L. 1956, ch. 3762, § 9; G.L. 1956, § 6-14-12; P.L. 2014, ch. 528, § 13.
RI Gen L § 6-14-13 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-14 - Closing Out Sales|Section 6-14-13 - Penalty for violations generally.

§ 6-14-13. Penalty for violations generally.Any person who shall hold, conduct, or carry on any sale of goods, wares, or merchandise under the description of "closing-out sale"; "going-out-of-business sale"; "discontinuance-of-business sale"; "selling out"; "liquidation"; "lost our lease"; "must vacate"; "forced out"; "removal"; or other designation of like meaning; or a sale of goods, wares, and merchandise damaged by fire, smoke, water, or otherwise, contrary to the provisions of this chapter, or who shall violate any of the provisions of this chapter, shall be deemed guilty of a misdemeanor and shall, upon conviction, be fined in the sum of not less than fifty dollars ($50.00) nor more than five hundred dollars ($500), or shall be imprisoned for not less than ten (10) days nor more than six (6) months, or both, within the discretion of the court. In lieu of, or in addition to, the penalty previously provided in this section, the court may order the defendant to pay to the court a sum not to exceed five hundred dollars ($500) for the purpose of paying for an advertisement, prepared by the department of the attorney general, for placement in Rhode Island newspapers, pointing out the violation(s) of this chapter as presented in the false advertising, provided that the advertisement shall not indicate the name or address of the person convicted under the provisions of this chapter.History of Section.P.L. 1956, ch. 3762, § 10; G.L. 1956, § 6-14-13; P.L. 1977, ch. 143, § 3; P.L. 2014, ch. 528, § 13.
RI Gen L § 6-14-14 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-14 - Closing Out Sales|Section 6-14-14 - Enforcement in equity.

§ 6-14-14. Enforcement in equity.Upon complaint of any person, the superior court shall have jurisdiction in equity to restrain and enjoin any act forbidden or declared illegal by any provisions of §§ 6-14-3 — 6-14-13. In addition the court may award the complainant reasonable attorneys' fees and may impose a civil penalty of one hundred thousand dollars ($100,000).History of Section.P.L. 1956, ch. 3762, § 13; G.L. 1956, § 6-14-14; P.L. 1994, ch. 206, § 1.
RI Gen L § 6-14-15 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-14 - Closing Out Sales|Section 6-14-15 - Exemption of public officers and acts under judicial authority.

§ 6-14-15. Exemption of public officers and acts under judicial authority.The provisions of this chapter with the exception of §§ 6-14-9 and 6-14-10 shall not apply to sheriffs, constables, or other public or court officers, or to any other person or persons acting under the license, direction, or authority of any court, state or federal, selling goods, wares, or merchandise in the course of their official duties.History of Section.P.L. 1956, ch. 3762, § 12; G.L. 1956, § 6-14-15; P.L. 1994, ch. 206, § 1.
RI Gen L § 6-14-16 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-14 - Closing Out Sales|Section 6-14-16 - Failure to comply.

§ 6-14-16. Failure to comply.Failure to comply with the provisions of this chapter shall constitute an unfair method of competition and an unfair or deceptive act or practice under chapter 13.1 of this title, entitled "Deceptive Trade Practices", and the penalties and remedies provided in that chapter shall apply against any individual, corporation, or partnership violating any provision of this section.History of Section.P.L. 1977, ch. 143, § 4.
RI Gen L § 6-15-1 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-15 - Accounts Receivable|Section 6-15-1 - [Transferred.]

§ 6-15-1. [Transferred.]
RI Gen L § 6-15-2 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-15 - Accounts Receivable|Section 6-15-2 - Repealed.

§ 6-15-2. Repealed.History of Section.P.L. 1943, ch. 1345, § 1; G.L. 1956, § 6-15-2; Repealed by P.L. 1960, ch. 147, § 2.
RI Gen L § 6-16-2 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-16 - Uniform Voidable Transactions Act|Section 6-16-2 - Insolvency.

§ 6-16-2. Insolvency.(a) A debtor is insolvent if, at a fair valuation, the sum of the debtor's debts is greater than the sum of the debtor's assets.(b) A debtor who is generally not paying the debtor's debts as they become due other than as a result of a bona fide dispute is presumed to be insolvent. The presumption imposes on the party against whom the presumption is directed the burden of proving that the nonexistence of insolvency is more probable than its existence.(c) Assets under this section do not include property that has been transferred, concealed, or removed with intent to hinder, delay, or defraud creditors or that have been transferred in a manner making the transfer voidable under this chapter.(d) Debts under this section do not include obligations to the extent they are secured by a valid lien on property of the debtor not included as an asset.History of Section.P.L. 1986, ch. 438, § 2; P.L. 2014, ch. 528, § 14; P.L. 2018, ch. 141, § 2; P.L. 2018, ch. 236, § 2.
RI Gen L § 6-16-3 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-16 - Uniform Voidable Transactions Act|Section 6-16-3 - Value.

§ 6-16-3. Value.(a) Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred or an antecedent debt is secured or satisfied, but value does not include an unperformed promise made otherwise than in the ordinary course of the promisor's business to furnish support to the debtor or another person.(b) For the purposes of §§ 6-16-4(a)(2) and 6-16-5, a person gives a reasonably equivalent value if the person acquires an interest of the debtor in an asset pursuant to a regularly conducted, noncollusive foreclosure sale or execution of a power of sale for the acquisition or disposition of the interest of the debtor upon default under a mortgage, deed of trust, or security agreement.(c) A transfer is made for present value if the exchange between the debtor and the transferee is intended by them to be contemporaneous and is in fact substantially contemporaneous.History of Section.P.L. 1986, ch. 438, § 2.
RI Gen L § 6-16-4 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-16 - Uniform Voidable Transactions Act|Section 6-16-4 - Transfers voidable as to present and future creditors.

§ 6-16-4. Transfers voidable as to present and future creditors.(a) A transfer made or obligation incurred by a debtor is voidable as to a creditor, whether the creditor's claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation:(1) With actual intent to hinder, delay, or defraud any creditor of the debtor; or(2) Without receiving a reasonably equivalent value in exchange for the transfer or obligation, and the debtor:(i) Was engaged or was about to engage in a business or a transaction for which the remaining assets of the debtor were unreasonably small in relation to the business or transaction; or(ii) Intended to incur, or believed or reasonably should have believed that the debtor would incur, debts beyond the debtor's ability to pay as they became due.(b) In determining actual intent under subsection (a)(1), consideration may be given, among other factors, to whether:(1) The transfer or obligation was to an insider;(2) The debtor retained possession or control of the property transferred after the transfer;(3) The transfer or obligation was disclosed or concealed;(4) Before the transfer was made or obligation was incurred, the debtor had been sued or threatened with suit;(5) The transfer was of substantially all the debtor's assets;(6) The debtor absconded;(7) The debtor removed or concealed assets;(8) The value of the consideration received by the debtor was reasonably equivalent to the value of the asset transferred or the amount of the obligation incurred;(9) The debtor was insolvent or became insolvent shortly after the transfer was made or the obligation was incurred;(10) The transfer occurred shortly before or shortly after a substantial debt was incurred; and(11) The debtor transferred the essential assets of the business to a lienor who transferred the assets to an insider of the debtor.(c) A creditor making a claim for relief under subsection (a) has the burden of proving the elements of the claim for relief by a preponderance of the evidence.History of Section.P.L. 1986, ch. 438, § 2; P.L. 2018, ch. 141, § 2; P.L. 2018, ch. 236, § 2.
RI Gen L § 6-16-5 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-16 - Uniform Voidable Transactions Act|Section 6-16-5 - Transfers or obligations voidable as to present creditors.

§ 6-16-5. Transfers or obligations voidable as to present creditors.(a) A transfer made or obligation incurred by a debtor is voidable as to a creditor whose claim arose before the transfer was made or the obligation was incurred if the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent value in exchange for the transfer or obligation and the debtor was insolvent at that time or the debtor became insolvent as a result of the transfer or obligation.(b) A transfer made by a debtor is voidable as to a creditor whose claim arose before the transfer was made if the transfer was made to an insider for an antecedent debt; the debtor was insolvent at that time; and the insider had reasonable cause to believe that the debtor was insolvent.(c) Subject to § 6-16-2(b), a creditor making a claim for relief under subsection (a) or (b) of this section has the burden of proving the elements of the claim for relief by a preponderance of the evidence.History of Section.P.L. 1986, ch. 438, § 2; P.L. 2014, ch. 528, § 14; P.L. 2018, ch. 141, § 2; P.L. 2018, ch. 236, § 2.
RI Gen L § 6-16-5.1 (2021)
2021 Rhode Island General Laws|Title 6 - Commercial Law – General Regulatory Provisions|Chapter 6-16 - Uniform Voidable Transactions Act|Section 6-16-5.1 - Transfers voidable as to depository creditors of financial institutions closed by proclamation of the governor dated January 1, 1991 - Remedies.

§ 6-16-5.1. Transfers voidable as to depository creditors of financial institutions closed by proclamation of the governor dated January 1, 1991 — Remedies.(a) A transfer made or obligation incurred by any financial institution closed by proclamation of the governor dated January 1, 1991, is voidable as to any depository creditor of record of any such financial institution as of January 1, 1991, if the transfer or obligation involved either:(1) The withdrawal of deposits from the financial institution by any officer, director, or employee of the financial institution or of the Rhode Island share and deposit indemnity corporation, with knowledge of the actual or impending insolvency or the impending closing of the financial institution or of the actual or impending insolvency of or the actual or impending cessation of business by the Rhode Island share and deposit indemnity corporation, and for the purpose of avoiding the loss of funds or access to funds in any depository account in the financial institution;(2) The encumbrance of any assets of the financial institution to or for the benefit of any officer, director, or employee of the financial institution or of the Rhode Island share and deposit indemnity corporation, with knowledge of the actual or impending insolvency or the impending closing of the financial institution or of the actual or impending insolvency of or the actual or impending cessation of business by the Rhode Island share and deposit indemnity corporation, and for the purpose of avoiding the loss of funds or access to funds in any depository account in the financial institution; or(3) A transfer or obligation defined as voidable under § 6-16-4 or § 6-16-5.(b) In addition to any remedies provided by § 6-16-7, (1) any financial institution closed by proclamation of the governor dated January 1, 1991; (2) any assignees of and successors in interest to any such financial institution; and (3) any depository creditor of record of any such financial institution as of January 1, 1991, who suffers monetary loss as a result of a transfer or conveyance defined as voidable under this section or who is otherwise aggrieved by the transfer or conveyance, shall have a private cause of action at law and in equity against any officer, director, or employee of the financial institution or of the Rhode Island share and deposit indemnity corporation to whom the subject transfer was made or to whom or for whose benefit any assets of the financial institution were encumbered.History of Section.P.L. 1991, ch. 3, § 5; P.L. 2014, ch. 528, § 14; P.L. 2018, ch. 141, § 2; P.L. 2018, ch. 236, § 2.