§ 45-12-16 — § 45-12-16. Interest rate.

Rhode Island § 45-12-16

• Jurisdiction: Rhode Island
• Title 45: Towns and cities
• Ch. 45-12: Indebtedness of Towns and Cities

Text

§ 45-12-16. Interest rate.

Any provisions of general or special law enacted prior to February 21, 1970, which limit the rate of interest to be paid on any bonds or other evidences of indebtedness of a city, town, or other political subdivision are repealed.

Legislative History

G.L. 1956, § 45-12-16; R.P.L. 1957, ch. 4, § 1; P.L. 1960, ch. 30, § 1; G.L. 1965, § 45-12-16; P.L. 1970, ch. 13, § 1.