Rhode Island § 35-8-6.1 § 35-8-6.1. Exclusion from sinking fund commission authority.

Rhode Island Statutes

§ 35-8-6.1 — § 35-8-6.1. Exclusion from sinking fund commission authority.

Rhode Island § 35-8-6.1

Title 35Public Finance

Ch. 35-8Bonded Indebtedness of State

This text of Rhode Island § 35-8-6.1 (§ 35-8-6.1. Exclusion from sinking fund commission authority.) 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 § 35-8-6.1 (2026).

Text

§ 35-8-6.1. Exclusion from sinking fund commission authority.
Notwithstanding any general law or special law to the contrary, the sinking fund commission
            shall have no authority to take or cause to be taken any action or actions that would
            adversely affect the exclusion from income taxation of interest on any bonds, notes
            or certificates of indebtedness, including without limitation the interest portion
            of any certificates of participation issued by or at the direction of the state.
         

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§ 35-8-6.1. Exclusion from sinking fund commission authority.

Notwithstanding any general law or special law to the contrary, the sinking fund commission shall have no authority to take or cause to be taken any action or actions that would adversely affect the exclusion from income taxation of interest on any bonds, notes or certificates of indebtedness, including without limitation the interest portion of any certificates of participation issued by or at the direction of the state.