§ 45-9-13. Other state receivership laws inapplicable. No city, town, or fire district shall be placed into, or made subject to, either voluntarily or involuntarily, a state judicial receivership proceeding, and nothing in this act shall in any way pre-empt or restrict the powers and remedies available to a state-appointed receiver under Chapter 9 of Title 11 of the United States Code and the receiver's ability to exercise such powers and remedies on a city's, town's, or fire district's behalf in a federal proceeding filed under Chapter 9 of Title 11 of the United States Code.
History of Section. (P.L. 2010, ch. 24, § 1; P.L. 2010, ch. 27, § 1; P.L. 2011, ch. 279, § 1; P.L. 2011, ch. 304, § 1; P.L. 2014, ch. 31, § 1; P.L. 2014, ch. 33, § 1.)
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