§ 42-10.1-5 — § 42-10.1-5. Fees authorized.
This text of Rhode Island § 42-10.1-5 (§ 42-10.1-5. Fees authorized.) 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.
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§ 42-10.1-5. Fees authorized.
In connection with the discharge of its duties under this chapter, the board is authorized to charge and impose fees for its services upon the lead underwriter or purchaser of any affected debt issue, bond, or note in an amount equal to one-fortieth of one percent (1/40%) of the issued principal amount of the issue. Amounts received under this section shall be deposited as general revenue.
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