§ 23-19.1-30 — § 23-19.1-30. Terms and conditions of sales — Applications of premiums and accrued interest — Validity not affected by change in office.
This text of Rhode Island § 23-19.1-30 (§ 23-19.1-30. Terms and conditions of sales — Applications of premiums and accrued interest — Validity not affected by change in office.) 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.
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§ 23-19.1-30. Terms and conditions of sales — Applications of premiums and accrued interest — Validity not affected by change in office.
(a) Any bond or note issued under the authority of this chapter shall be sold at not less than the principal amount of these bonds on any terms and conditions as the general treasurer, with the approval of the governor, shall be deemed to be for the best interest of the state. The purchaser of the bonds or notes shall pay accrued interest to the date of delivery of the bonds or notes.
(b) These premiums or accrued interest which may be received as the result of the sale
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