BANKING REGULATION 5 MORTGAGE FORECLOSURE
230-RICR-40-10-4 INACTIVE RULE
Title | 230 | Department of Business Regulation (includes the Office of the Health Insurance Commissioner) |
Chapter | 40 | Banking |
Subchapter | 10 | Lending |
Part | 4 | BANKING REGULATION 5 MORTGAGE FORECLOSURE |
Type of Filing | Technical Revision |
Regulation Status | Inactive |
Effective | 10/20/2014 to 10/01/2015 |
Regulation Authority:
R.I. Gen. Laws §§, 34-27-3.2, 34-27-7, 42-14-17 and 42-35-3
Purpose and Reason:
The purpose of this Regulation is to promulgate the form of written notices required pursuant to R.I. Gen. Laws §§ 34-27-3.2 and 34-27-7. This Regulation also clarifies the Mortgagee’s duties and consequences of its failure to comply with R.I. Gen. Laws § 34-27-3.2 and this Regulation. Readers are cautioned to consult the statutes for additional obligations not repeated in this Regulation. R.I. Gen. Laws § 34-27-3.2 and this Regulation apply to all entities and individuals subject to regulation and supervision by the Rhode Island Division of Banking (“Division”) as 2 well as to any Mortgagee holding a loan owned or payable












Rulemaking Documents are organized by document type and are part of this rule’s rulemaking record (R.I. Gen. Laws § 42-35-2.3). If multiple documents of the same type are listed below, each is a unique document. If there are multiple Public Notice of Proposed Rulemaking documents, view each document to identify the most recently amended version, as it may be amended at any point during the Public Comment Period.