Rhode Island Statutes
§ 40-14-7 — § 40-14-7. Interest rates.
Rhode Island § 40-14-7
JurisdictionRhode Island
Title 40Human services
Ch. 40-14Equipment Loan Fund for People with Disabilities
This text of Rhode Island § 40-14-7 (§ 40-14-7. Interest rates.) 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 § 40-14-7 (2026).
Text
§ 40-14-7. Interest rates.
Interest rates for loans from the fund shall be established by the director; provided, however, that those rates shall be substantially lower than the prevailing rate of interest in this state for comparable loans, and shall not exceed five percent (5%). The term of the loan shall not exceed ten (10) years.
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Legislative History
P.L. 1988, ch. 611, § 1.
Nearby Sections
15
§ 40-1-17
§ 40-1-17. Receipt and use of funds.§ 40-1-4.1
§ 40-1-4.1. Name change.Cite This Page — Counsel Stack
Bluebook (online)
Rhode Island § 40-14-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/40-14-7.