Rhode Island § 35-8-14 § 35-8-14. General sinking fund established.

Rhode Island Statutes

§ 35-8-14 — § 35-8-14. General sinking fund established.

Rhode Island § 35-8-14

Title 35Public Finance

Ch. 35-8Bonded Indebtedness of State

This text of Rhode Island § 35-8-14 (§ 35-8-14. General sinking fund established.) 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 § 35-8-14 (2026).

Text

§ 35-8-14. General sinking fund established.
The general treasurer is authorized and directed to establish a general sinking fund
            for the purpose of providing funds for the payment of all state bonds at maturity,
            including all bonds authorized and issued according to law, and to transfer all the
            existing sinking funds to the general sinking fund. Wherever in any general law, public
            law, act, or resolution of the general assembly provision is made for the establishment
            of a sinking fund to extinguish a state debt at its maturity, that provision shall
            be construed to mean an addition to the general sinking fund for the redemption of
            state 

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§ 35-8-14. General sinking fund established.

The general treasurer is authorized and directed to establish a general sinking fund for the purpose of providing funds for the payment of all state bonds at maturity, including all bonds authorized and issued according to law, and to transfer all the existing sinking funds to the general sinking fund. Wherever in any general law, public law, act, or resolution of the general assembly provision is made for the establishment of a sinking fund to extinguish a state debt at its maturity, that provision shall be construed to mean an addition to the general sinking fund for the redemption of state bonds at their maturity in conformity with this section.