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2017 Rhode Island General Laws
Title 45 - Towns and cities
Chapter 45-38.1 - Health And Educational Building Corporation
Section 45-38.1-26 - Transfer of fund balances.
Universal Citation: RI Gen L § 45-38.1-26 (2017)
§ 45-38.1-26. Transfer of fund balances.
The corporation, by a vote of its board of directors, may at any time, upon receipt of a written request to do so by the governor, transfer to the state, either to the general fund account or any restricted receipt account established by the general assembly specified in any request, any monies constituting unencumbered fund balances of the corporation which the board of directors determines to be surplus to the needs of the corporation. Any determination made by the board shall be deemed final and conclusive and not subject to review directly or indirectly.
History of Section.
(P.L. 1989, ch. 480, § 12.)
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