§ 24-12-24 — § 24-12-24. Pension fund for ferry company employees.
This text of Rhode Island § 24-12-24 (§ 24-12-24. Pension fund for ferry company employees.) 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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§ 24-12-24. Pension fund for ferry company employees.
The town of Jamestown, by vote of the qualified electors of the town at any special or annual financial town meeting, is hereby authorized and empowered to use all or any part of any balance of the two hundred fifty thousand dollars ($250,000) paid to the town together with the proceeds realized from the sale or lease of any of the other assets of the Jamestown and Newport ferry company for the establishment of a pension fund for the care of retired employees of the Jamestown and Newport ferry company.
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Rhode Island § 24-12-24, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/24-12-24.