Rhode Island § 45-30-5 § 45-30-5. Bonds as legal investments.

Rhode Island Statutes

§ 45-30-5 — § 45-30-5. Bonds as legal investments.

Rhode Island § 45-30-5

Title 45Towns and cities

Ch. 45-30National Defense Housing Projects

This text of Rhode Island § 45-30-5 (§ 45-30-5. Bonds as legal investments.) 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 § 45-30-5 (2026).

Text

§ 45-30-5. Bonds as legal investments.
Bonds or other obligations issued by a housing authority for a project developed or
            administered pursuant to this chapter are legal investments to the same extent and
            for the same persons, institutions, associations, corporations, bodies, and officers
            as bonds or other obligations issued pursuant to the Housing Authorities Law, chapters
            25 — 27 of this title, for the development of a slum clearance or housing project
            for persons of low income.
         

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§ 45-30-5. Bonds as legal investments.

Bonds or other obligations issued by a housing authority for a project developed or administered pursuant to this chapter are legal investments to the same extent and for the same persons, institutions, associations, corporations, bodies, and officers as bonds or other obligations issued pursuant to the Housing Authorities Law, chapters 25 — 27 of this title, for the development of a slum clearance or housing project for persons of low income.