Rhode Island § 16-60-8.1 § 16-60-8.1. Regents recovery for indirect costs.

Rhode Island Statutes

§ 16-60-8.1 — § 16-60-8.1. Regents recovery for indirect costs.

Rhode Island § 16-60-8.1

Title 16Education

Ch. 16-60Council on Elementary and Secondary Education [See Title 16 Chapter 97 â€” The Rhode Island Board of Education Act]

This text of Rhode Island § 16-60-8.1 (§ 16-60-8.1. Regents recovery for indirect costs.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 16-60-8.1 (2026).

Text

§ 16-60-8.1. Regents recovery for indirect costs.
The regents shall apply for recovery of indirect cost when recovery is permissible
            under federal statute and grant regulations. All funds received for indirect costs
            recovery shall be turned over to the general treasurer and shall be placed in a restricted
            account for specific purposes designated by the regents. The regents shall annually
            report to the general assembly the estimated amount of federal indirect cost recoveries
            for the next fiscal year together with the intended use of the funds.
         

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§ 16-60-8.1. Regents recovery for indirect costs.

The regents shall apply for recovery of indirect cost when recovery is permissible under federal statute and grant regulations. All funds received for indirect costs recovery shall be turned over to the general treasurer and shall be placed in a restricted account for specific purposes designated by the regents. The regents shall annually report to the general assembly the estimated amount of federal indirect cost recoveries for the next fiscal year together with the intended use of the funds.