Rhode Island § 42-64.25-8 § 42-64.25-8. Audits.

Rhode Island Statutes

§ 42-64.25-8 — § 42-64.25-8. Audits.

Rhode Island § 42-64.25-8

Title 42State Affairs and Government

Ch. 42-64.25Small Business Assistance Program

This text of Rhode Island § 42-64.25-8 (§ 42-64.25-8. Audits.) 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 § 42-64.25-8 (2026).

Text

§ 42-64.25-8. Audits.
The commerce corporation may conduct audits of any participating lending organization
            in order to ensure compliance with the provisions of this chapter, any regulations
            promulgated with respect thereto and agreements between the lending organizations
            and the commerce corporation on all aspects of the use of program funds and program
            loan transactions. In the event that the commerce corporation finds noncompliance,
            the commerce corporation may terminate the lending organization's participation in
            the program.
         

Free access — add to your briefcase to read the full text and ask questions with AI

§ 42-64.25-8. Audits.

The commerce corporation may conduct audits of any participating lending organization in order to ensure compliance with the provisions of this chapter, any regulations promulgated with respect thereto and agreements between the lending organizations and the commerce corporation on all aspects of the use of program funds and program loan transactions. In the event that the commerce corporation finds noncompliance, the commerce corporation may terminate the lending organization's participation in the program.