Rhode Island § 16-32-42 § 16-32-42. Existing bond debt.

Rhode Island Statutes

§ 16-32-42 — § 16-32-42. Existing bond debt.

Rhode Island § 16-32-42

Title 16Education

Ch. 16-32University of Rhode Island [See Title 16 Chapter 97 â€” The Rhode Island Board of Education Act]

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Bluebook

R.I. Gen. Laws § 16-32-42 (2026).

Text

§ 16-32-42. Existing bond debt.
The board of trustees is authorized to take all actions, and execute and deliver all
            agreements or instruments, necessary or convenient for the board to assume all of
            the obligations on behalf of, and in replacement of, or jointly with the council on
            postsecondary education under outstanding bonds issued by the Rhode Island health
            and educational building corporation or outstanding lease certificates of participation,
            in either case, issued for the benefit of the university of Rhode Island, the community
            college of Rhode Island, and/or Rhode Island college as may be necessary to ensure,
            among other items, 

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§ 16-32-42. Existing bond debt.

The board of trustees is authorized to take all actions, and execute and deliver all agreements or instruments, necessary or convenient for the board to assume all of the obligations on behalf of, and in replacement of, or jointly with the council on postsecondary education under outstanding bonds issued by the Rhode Island health and educational building corporation or outstanding lease certificates of participation, in either case, issued for the benefit of the university of Rhode Island, the community college of Rhode Island, and/or Rhode Island college as may be necessary to ensure, among other items, that the university continues to meet its obligations under such bonds or certificates.