2005 Rhode Island Code - § 39-21-9 — Receipt and deposit of federal funds.

All money paid to the division by the federal government for the purpose of executing a project shall be received by the general treasurer and by him or her deposited in the fund, and the division shall forthwith use the money for the payment of debt service on, or the recall or the redemption of bonds and notes issued by the state in anticipation of federal project payments.

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