Rhode Island § 45-21.4-4 § 45-21.4-4. Transfer of assets.

Rhode Island Statutes

§ 45-21.4-4 — § 45-21.4-4. Transfer of assets.

Rhode Island § 45-21.4-4

Title 45Towns and cities

Ch. 45-21.4Relating to Central Falls Pension Plan

This text of Rhode Island § 45-21.4-4 (§ 45-21.4-4. Transfer of assets.) 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 § 45-21.4-4 (2026).

Text

§ 45-21.4-4. Transfer of assets.
(a) Subject to the provisions of §§ 45-21.4-2(b) and 45-21.4-3(b) being met, on December 31, 2019, the system shall be responsible for administering
            the Central Falls plan, including the administration of any supplemental payments
            as provided in § 45-21-67, and Central Falls shall transfer to the system the accumulated contributions of
            each member entering the system and any other assets of the Central Falls plan.
         
(b) Beginning January 1, 2020, all appropriations made pursuant to § 45-21-67 shall be appropriated to the system and disbursed by the system in accordance with
            § 45-21-67.
  

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§ 45-21.4-4. Transfer of assets.

(a) Subject to the provisions of §§ 45-21.4-2(b) and 45-21.4-3(b) being met, on December 31, 2019, the system shall be responsible for administering the Central Falls plan, including the administration of any supplemental payments as provided in § 45-21-67, and Central Falls shall transfer to the system the accumulated contributions of each member entering the system and any other assets of the Central Falls plan.

(b) Beginning January 1, 2020, all appropriations made pursuant to § 45-21-67 shall be appropriated to the system and disbursed by the system in accordance with § 45-21-67.