Rhode Island General Laws

R.I. Gen. Laws § 6A-1-309 (2026)

Option to accelerate at will

✓ current as of July 2026
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A term providing that one party or that party’s successor in interest may accelerate payment or performance or require collateral or additional collateral “at will” or when the party “deems itself insecure,” or words of similar import, means that the party has power to do so only if that party in good faith believes that the prospect of payment or performance is impaired. The burden of establishing lack of good faith is on the party against which the power has been exercised.

Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2022–2022 · leading case: Valdera v. Deutsche Bank Nat'l Trust Co. (D.R.I. 2022).
Valdera v. Deutsche Bank Nat'l Trust Co. (D.R.I. 2022). “Laws §§ 6A-1-309 and 6A-3-104 expressly authorize “adverse change” and “insecurity” provisions and contemplate other charges (such as attorney’s fees and costs) as being appropriate for inclusion in the Note.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.