2009 Rhode Island Code
Title 42 - State Affairs and Government
CHAPTER 42-10.1 - Public Finance Management Board
§ 42-10.1-3 - Allocation of statewide financing limitation.
SECTION 42-10.1-3
§ 42-10.1-3 Allocation of statewide financing limitation. – The board is hereby authorized to allocate tax exempt bond issuance capacity among all issuers in the state of Rhode Island, pursuant to 26 U.S.C. § 103, 26 U.S.C. § 145, and any similar federal legislation heretofore or hereinafter enacted. The allocations of tax exempt bond issuance capacity shall be pursuant to rules and regulations to be promulgated by the board in accordance with the Administrative Procedures Act, chapter 35 of this title.
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