Rhode Island § 45-12-20 § 45-12-20. Issuance of bonds authorized by law approved by electors.

Rhode Island Statutes

§ 45-12-20 — § 45-12-20. Issuance of bonds authorized by law approved by electors.

Rhode Island·Title 45 Towns and cities·Ch. 45-12 Indebtedness of Towns and Cities

§ 45-12-20. Issuance of bonds authorized by law approved by electors.
Whenever a general or special law which authorizes the issuance of bonds, notes or
            other evidences of indebtedness has become effective upon acceptance or approval by
            the electors of a city or town, such law shall be effective notwithstanding any failure
            or defect in the posting or notice of the election therefor as required by law, including
            the city or town charter, and the city or town may immediately issue bonds, notes
            or other evidences of indebtedness without further approval by the electors of the
            city or town, by ordinance or by resolution if required by the charters of th

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§ 45-12-20. Issuance of bonds authorized by law approved by electors.

Whenever a general or special law which authorizes the issuance of bonds, notes or other evidences of indebtedness has become effective upon acceptance or approval by the electors of a city or town, such law shall be effective notwithstanding any failure or defect in the posting or notice of the election therefor as required by law, including the city or town charter, and the city or town may immediately issue bonds, notes or other evidences of indebtedness without further approval by the electors of the city or town, by ordinance or by resolution if required by the charters of the city or town, which ordinances or resolution shall become effective without approval by the electors of the city or town as ordinances or resolutions generally become effective under the charter of the city or town.

Rhode Island § 45-12-20 (§ 45-12-20. Issuance of bonds authorized by law approved by electors.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.