Rhode Island § 36-13-5 § 36-13-5. Annuity and insurance contracts.

Rhode Island Statutes

§ 36-13-5 — § 36-13-5. Annuity and insurance contracts.

Rhode Island § 36-13-5

Title 36Public Officers and Employees

Ch. 36-13Deferred Compensation Plans

This text of Rhode Island § 36-13-5 (§ 36-13-5. Annuity and insurance contracts.) 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 § 36-13-5 (2026).

Text

§ 36-13-5. Annuity and insurance contracts.
Notwithstanding any other provision of law to the contrary, those persons designated
            to administer the deferred compensation program are hereby authorized to make payments
            for the purchase of government securities, mutual funds, fixed or variable life insurance,
            or annuity contracts under the deferred compensation program. The payments shall not
            be construed to be a prohibited use of the general assets of the state, county, city,
            or other political subdivision.
         

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§ 36-13-5. Annuity and insurance contracts.

Notwithstanding any other provision of law to the contrary, those persons designated to administer the deferred compensation program are hereby authorized to make payments for the purchase of government securities, mutual funds, fixed or variable life insurance, or annuity contracts under the deferred compensation program. The payments shall not be construed to be a prohibited use of the general assets of the state, county, city, or other political subdivision.