Rhode Island § 42-113-9 § 42-113-9. Stewardship.

Rhode Island Statutes

§ 42-113-9 — § 42-113-9. Stewardship.

Rhode Island·Title 42 State Affairs and Government·Ch. 42-113 Rhode Island Housing and Conservation Trust Fund Act

§ 42-113-9. Stewardship.
If an activity funded by the board involves acquisition by the state of an interest
            in real property for the purpose of conserving and protecting important natural areas,
            recreational lands, or agricultural land, the board, in its discretion may make a
            one-time grant to the appropriate state agency or municipality. The grant shall not
            exceed ten percent (10%) of the current appraised value of that property interest
            and shall be used to support its proper management or maintenance or both.
         

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§ 42-113-9. Stewardship.

If an activity funded by the board involves acquisition by the state of an interest in real property for the purpose of conserving and protecting important natural areas, recreational lands, or agricultural land, the board, in its discretion may make a one-time grant to the appropriate state agency or municipality. The grant shall not exceed ten percent (10%) of the current appraised value of that property interest and shall be used to support its proper management or maintenance or both.

Rhode Island § 42-113-9 (§ 42-113-9. Stewardship.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.