Rhode Island Code of Regulations
Title 280 - Department of Revenue
Chapter 20 - Division of Taxation
Subchapter 70 - Sales and Use Tax
Part 28 - Motor Vehicle and Non-Motorized Vehicle Taxes (280-RICR-20-70-28)
Section 280-RICR-20-70-28.10 - Transfer of Motor Vehicle by Conditional Vendee

Whenever a person who has purchased a motor vehicle on a conditional bill of sale or other financing arrangement transfers the vehicle thus acquired to another person who assumes liability or obligation for paying off the unpaid balance due on that vehicle, the transactions will be regarded as a casual sale of the vehicle from the vendee to the new owner and the new owner must pay the tax before he or she will be permitted to register the vehicle.