Rhode Island Statutes
§ 42-133-12 — § 42-133-12. Limited power to incur debt.
Rhode Island·Title 42 State Affairs and Government·Ch. 42-133 Tobacco Settlement Financing Corporation Act
§ 42-133-12. Limited power to incur debt.
The corporation and the board have no power to incur debt or obligations or in any way to encumber their assets except by the issuance of bonds, including the making of covenants in relation to the issuing of bonds and the incurring of expenses and obligations in connection with such issuance.
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Rhode Island § 42-133-12 (§ 42-133-12. Limited power to incur debt.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
P.L. 2002, ch. 65, art. 8, § 1.
Nearby Sections
15
§ 42-1-4
§ 42-1-4. Exemption from taxes.§ 42-10-10
§ 42-10-10. Money accounts.§ 42-10-11
§ 42-10-11. Appropriation accounts.§ 42-10-13
§ 42-10-13. Payments from treasury.§ 42-10-14
§ 42-10-14. Medium of bond payments.