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The grounds for divorce in Rhode Island are Irreconcilable Differences, Living Separate and Apart Without Cohabitation For Three Years, Impotency, Adultery, Extreme Cruelty, Willful Desertion For Five Years (or at the discretion of the court) , Habitual Drunkenness, Habitual Drug Use, Neglect and Refusal of Support ( ...
In Rhode Island, marital property is subject to equitable division under statute § 15-5-16.1. The assignment of property in cases of divorce is divided and managed fairly between the two spouses depending on various factors. This does not mean that property is split 50/50; rather, it is split in a just and proper way.
Under Rhode Island law, creditors may charge up to 12 percent interest on debt without an agreement, but up to 21 percent if there is an agreement. Exceptions include pawn brokers, licensed lenders, retail finance charges, and revolving credit (which includes all credit cards).
When you consider who is exempt from usury laws, the most common loan providers are institutions. Institutions that provide consumer loans are typically exempt from usury laws. Institutions include banks, savings and loans, credit unions, licensed pawnbrokers, licensed finance lenders, and personal property brokers.
Creditors in Rhode Island have ten years to sue you for an unpaid loan, promissory note, or credit card. A creditor can still call and send you bills even after the statute of limitations has expired.
With some constitutional amendments, most notably the 1979 constitutional amendment, Article XV, Section 1, California's usury limit is now generally 10% per year with a broader range of exemptions.
Is RI a community property state? No. Rhode Island is a ?common law? state. This means that any assets you acquired individually (not using shared funds) are considered yours, even if you acquired them during the marriage.
Usury is interest that a lender charges a borrower at a rate above the lawful ceiling on such charges; a contract upon the loan of money with an illegally high interest rate as a condition of the loan.