2016 Rhode Island General Laws
Title 35 - Public Finance
Chapter 35-10 - State Investment Commission
Section 35-10-5 - Investment of sinking fund moneys.

RI Gen L § 35-10-5 (2016) What's This?

§ 35-10-5 Investment of sinking fund moneys.

Notwithstanding the provisions of this chapter, any sinking fund money shall be invested in bonds or certificates of indebtedness of the state, or in bonds of the United States or of any state of the United States, or, in the commission's discretion, in the interest bearing notes or bonds of any city, town, or fire district in the state, or of any county, city, or town in any state of the United States.

History of Section.
(P.L. 1958, ch. 164, § 5.)

Disclaimer: These codes may not be the most recent version. Rhode Island may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.