Rhode Island § 44-53-10 - Levy and Distraint

§ 44-53-10. Appraised value of seized property.

(a) If the tax administrator determines that any property seized is liable to perish or become greatly reduced in price or value, or that the property cannot be kept without great expense, the tax administrator shall appraise the value of the property and, if the owner of the property can be readily found, shall give the owner notice of the determination of the appraised value of the property. The property shall be returned to the owner if, within the time specified in the notice, the owner either pays to the tax administrator an amount equal to the appraised value, or gives bond in a form, with the sureties, and in an amount as the tax administrator shall prescribe, to pay the appraised amount at the time the tax administrator determines to be appropriate in the circumstances.

(b) If the owner does not pay the amount or furnish the bond in accordance with this section, the tax administrator shall as soon as practicable make public sale of the property in accordance with regulations that may be prescribed by the tax administrator.