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2017 Rhode Island General Laws
Title 45 - Towns and cities
Chapter 45-50 - Municipal Public Buildings Authorities
Section 45-50-5.3 - Evaluation and approval.
Universal Citation: RI Gen L § 45-50-5.3 (2017)
§ 45-50-5.3. Evaluation and approval.
Except as stated in this chapter, the board created in chapter 10.1 of title 42 shall evaluate all proposals for the issuance of bonds, general obligations, and/or revenue, prior to the issuance of the bonds. General obligation bonds and revenue bonds, including any temporary notes sought to be issued in conjunction with this chapter, shall not be issued by any municipal public building authority created after December 31, 1988, without the prior approval of the board.
History of Section.
(P.L. 1989, ch. 466, § 2.)
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