Rhode Island § 34-25-6 - Future Loans and After-Acquired Property
Full text of Rhode Island Rhode Island General Laws § 34-25-6 — Future Loans and After-Acquired Property, with citation guidance and answers to common questions.
§ 34-25-6. Future Loans and After-Acquired Property
R.I. Gen. Laws § 34-25-6
§ 34-25-6. Mortgagees authorized to take future loan mortgages.
(a) Domestic building-loan associations, whether organized by special act of the general assembly or pursuant to the provisions of chapter 22 of title 19, foreign building-loan associations subject to the provisions of chapter 24 of title 19, savings and loan associations organized under the laws of the United States of America, credit unions subject to the provisions of chapter 21 of title 19, and other financial institutions are expressly authorized to make loans secured by mortgages entitled as provided in § 34-25-1 and containing the provision required in § 34-25-1 to be contained in the provisions of such mortgages, provided that such loans comply in other respects with the requirements of law relating to loans secured by real estate mortgages made by such institutions.
(b) Other mortgagees are authorized to make loans on the security of such mortgages if such mortgages comply with the requirements of §§ 34-25-1 — 34-25-5.
History of Section.
P.L. 1952, ch. 3018, § 4; G.L. 1956, § 34-25-6.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 34-25-6
What does Rhode Island General Laws § 34-25-6 cover?
Section 34-25-6 ("Future Loans and After-Acquired Property") is part of the Rhode Island General Laws, the codified statutory law of Rhode Island. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Rhode Island § 34-25-6?
A common citation format is "Rhode Island General Laws § 34-25-6" (Rhode Island). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Rhode Island law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Rhode Island official source linked on this page or consult a licensed Rhode Island attorney.
How does Rhode Island § 34-25-6 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Rhode Island can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Rhode Island.