Rhode Island § 35-4-7 § 35-4-7. Sale of gifts and bequests — Deposit of proceeds.

Rhode Island Statutes

§ 35-4-7 — § 35-4-7. Sale of gifts and bequests — Deposit of proceeds.

Rhode Island § 35-4-7

Title 35Public Finance

Ch. 35-4State Funds

This text of Rhode Island § 35-4-7 (§ 35-4-7. Sale of gifts and bequests — Deposit of proceeds.) 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 § 35-4-7 (2026).

Text

§ 35-4-7. Sale of gifts and bequests — Deposit of proceeds.
Whenever a gift or bequest is in the form of personal property, securities, or a similar
            gift or bequest, the general treasurer is authorized and empowered in his or her discretion
            to sell at public sale that gift or bequest, and the receipts from the sale or sales
            and all other moneys accepted by the state as a gift or bequest to the state shall
            be deposited by the general treasurer in the general treasury in the general fund
            for the use of the state.
         

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§ 35-4-7. Sale of gifts and bequests — Deposit of proceeds.

Whenever a gift or bequest is in the form of personal property, securities, or a similar gift or bequest, the general treasurer is authorized and empowered in his or her discretion to sell at public sale that gift or bequest, and the receipts from the sale or sales and all other moneys accepted by the state as a gift or bequest to the state shall be deposited by the general treasurer in the general treasury in the general fund for the use of the state.