Rhode Island § 16-57-12 § 16-57-12. Credit of state.

Rhode Island Statutes

§ 16-57-12 — § 16-57-12. Credit of state.

Rhode Island § 16-57-12

Title 16Education

Ch. 16-57Rhode Island Higher Education Assistance Act [See Title 16 Chapter 97 â€” The Rhode Island Board of Education Act]

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Bluebook

R.I. Gen. Laws § 16-57-12 (2026).

Text

§ 16-57-12. Credit of state.
Guaranties made under the provisions of this chapter shall not constitute debts, liabilities,
            or obligations of the state or of any political subdivision of the state other than
            the office of the postsecondary commissioner or a pledge of the faith and credit of
            the state or any political subdivision other than the office of the postsecondary
            commissioner, but shall be payable solely from the revenues or assets of reserve funds
            set forth in § 16-57-10.
         

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§ 16-57-12. Credit of state.

Guaranties made under the provisions of this chapter shall not constitute debts, liabilities, or obligations of the state or of any political subdivision of the state other than the office of the postsecondary commissioner or a pledge of the faith and credit of the state or any political subdivision other than the office of the postsecondary commissioner, but shall be payable solely from the revenues or assets of reserve funds set forth in § 16-57-10.