Rhode Island § 35-10-5 § 35-10-5. Investment of sinking fund moneys.

Rhode Island Statutes

§ 35-10-5 — § 35-10-5. Investment of sinking fund moneys.

Rhode Island § 35-10-5

Title 35Public Finance

Ch. 35-10State Investment Commission

This text of Rhode Island § 35-10-5 (§ 35-10-5. Investment of sinking fund moneys.) 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 § 35-10-5 (2026).

Text

§ 35-10-5. Investment of sinking fund moneys.
Notwithstanding the provisions of this chapter, any sinking fund money shall be invested
            in bonds or certificates of indebtedness of the state, or in bonds of the United States
            or of any state of the United States, or, in the commission's discretion, in the interest
            bearing notes or bonds of any city, town, or fire district in the state, or of any
            county, city, or town in any state of the United States.
         

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§ 35-10-5. Investment of sinking fund moneys.

Notwithstanding the provisions of this chapter, any sinking fund money shall be invested in bonds or certificates of indebtedness of the state, or in bonds of the United States or of any state of the United States, or, in the commission's discretion, in the interest bearing notes or bonds of any city, town, or fire district in the state, or of any county, city, or town in any state of the United States.