Rhode Island § 35-8-12 § 35-8-12. Annual deficit payments to sinking fund commission.

Rhode Island Statutes

§ 35-8-12 — § 35-8-12. Annual deficit payments to sinking fund commission.

Rhode Island § 35-8-12

Title 35Public Finance

Ch. 35-8Bonded Indebtedness of State

This text of Rhode Island § 35-8-12 (§ 35-8-12. Annual deficit payments to sinking fund commission.) 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 § 35-8-12 (2026).

Text

§ 35-8-12. Annual deficit payments to sinking fund commission.
Annually, within five (5) days after the fifteenth of June in each fiscal year, the
            sinking fund commission shall certify in writing to the controller the sum necessary
            to offset any deficit then existing in the sinking fund and thereupon, on or before
            the last business day of the fiscal year, it shall be the duty of the controller to
            draw his or her order upon the general treasurer, directing the treasurer to transfer
            that sum from the general fund to the sinking fund.
         

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§ 35-8-12. Annual deficit payments to sinking fund commission.

Annually, within five (5) days after the fifteenth of June in each fiscal year, the sinking fund commission shall certify in writing to the controller the sum necessary to offset any deficit then existing in the sinking fund and thereupon, on or before the last business day of the fiscal year, it shall be the duty of the controller to draw his or her order upon the general treasurer, directing the treasurer to transfer that sum from the general fund to the sinking fund.