Rhode Island § 16-62.1-8 § 16-62.1-8. No adverse effect on authority's bond issues or rating.

Rhode Island Statutes

§ 16-62.1-8 — § 16-62.1-8. No adverse effect on authority's bond issues or rating.

Rhode Island § 16-62.1-8

Title 16Education

Ch. 16-62.1Nursing Loan Repayment Program

This text of Rhode Island § 16-62.1-8 (§ 16-62.1-8. No adverse effect on authority's bond issues or rating.) 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 § 16-62.1-8 (2026).

Text

§ 16-62.1-8. No adverse effect on authority's bond issues or rating.
Notwithstanding any provision of this chapter to the contrary, to the extent, if any,
            that this interest forgiveness program shall have any material adverse effect on the
            authority's ability to issue negotiable bonds and notes, the authority shall be empowered
            to suspend this program on a prospective basis, provided that any individual who has
            previously been determined to be eligible for the program's benefits shall retain
            their eligibility up to the maximum period prescribed in this chapter.
         

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§ 16-62.1-8. No adverse effect on authority's bond issues or rating.

Notwithstanding any provision of this chapter to the contrary, to the extent, if any, that this interest forgiveness program shall have any material adverse effect on the authority's ability to issue negotiable bonds and notes, the authority shall be empowered to suspend this program on a prospective basis, provided that any individual who has previously been determined to be eligible for the program's benefits shall retain their eligibility up to the maximum period prescribed in this chapter.