Rhode Island § 35-10-7 § 35-10-7. Expenses of commission — Employees.

Rhode Island Statutes

§ 35-10-7 — § 35-10-7. Expenses of commission — Employees.

Rhode Island·Title 35 Public Finance·Ch. 35-10 State Investment Commission

§ 35-10-7. Expenses of commission — Employees.
(a) Members of the commission shall serve without compensation but shall be reimbursed
            for any necessary expenses.
         
(b) No member or employee of the commission shall profit directly or indirectly from any
            investment transaction made by the commission. This provision is not intended to limit
            in any way the right of any member or employee of the commission to own shares of
            stock or bonds of any corporation or other entity in which money of the several funds
            are or may be invested.
         

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§ 35-10-7. Expenses of commission — Employees.

(a) Members of the commission shall serve without compensation but shall be reimbursed for any necessary expenses.

(b) No member or employee of the commission shall profit directly or indirectly from any investment transaction made by the commission. This provision is not intended to limit in any way the right of any member or employee of the commission to own shares of stock or bonds of any corporation or other entity in which money of the several funds are or may be invested.

Rhode Island § 35-10-7 (§ 35-10-7. Expenses of commission — Employees.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

P.L. 1958, ch. 164, § 7; P.L. 1963, ch. 171, § 1; P.L. 1968, ch. 9, § 1; P.L. 2005, ch. 117, art. 21, § 28; P.L. 2006, ch. 319, § 3; P.L. 2006, ch. 444, § 3.