Rhode Island § 35-8.1-25 § 35-8.1-25. Transfer of authority's funds and property upon dissolution.

Rhode Island Statutes

§ 35-8.1-25 — § 35-8.1-25. Transfer of authority's funds and property upon dissolution.

Rhode Island § 35-8.1-25

Title 35Public Finance

Ch. 35-8.1Refunding Bond Authority

This text of Rhode Island § 35-8.1-25 (§ 35-8.1-25. Transfer of authority's funds and property upon dissolution.) 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 § 35-8.1-25 (2026).

Text

§ 35-8.1-25. Transfer of authority's funds and property upon dissolution.
If the authority shall be dissolved, all funds of the authority, not required for
            the payment of bonds or other debts of the authority, the disposition of which is
            not otherwise governed by contracts to which the authority may be party, shall be
            paid to the general treasurer for the use of the state, and, except as provided in
            this chapter, all property belonging to the authority shall be vested in the state
            and delivered to it.
         

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§ 35-8.1-25. Transfer of authority's funds and property upon dissolution.

If the authority shall be dissolved, all funds of the authority, not required for the payment of bonds or other debts of the authority, the disposition of which is not otherwise governed by contracts to which the authority may be party, shall be paid to the general treasurer for the use of the state, and, except as provided in this chapter, all property belonging to the authority shall be vested in the state and delivered to it.