Rhode Island § 42-116-20 § 42-116-20. Trust fund.

Rhode Island Statutes

§ 42-116-20 — § 42-116-20. Trust fund.

Rhode Island § 42-116-20

Title 42State Affairs and Government

Ch. 42-116Rhode Island Depositors Economic Protection Corporation

This text of Rhode Island § 42-116-20 (§ 42-116-20. Trust fund.) 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 § 42-116-20 (2026).

Text

§ 42-116-20. Trust fund.
All moneys and other property of any nature or description received by the corporation
            pursuant to the provisions of this chapter, whether as proceeds from the issuance
            of bonds or as revenues or otherwise, and all income of any nature or description
            derived directly or indirectly therefrom, are deemed to be trust funds to be held
            and applied solely as provided in this chapter.
         

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§ 42-116-20. Trust fund.

All moneys and other property of any nature or description received by the corporation pursuant to the provisions of this chapter, whether as proceeds from the issuance of bonds or as revenues or otherwise, and all income of any nature or description derived directly or indirectly therefrom, are deemed to be trust funds to be held and applied solely as provided in this chapter.