Rhode Island § 45-38.1-16 § 45-38.1-16. Bonds eligible for investment.

Rhode Island Statutes

§ 45-38.1-16 — § 45-38.1-16. Bonds eligible for investment.

Rhode Island § 45-38.1-16

Title 45Towns and cities

Ch. 45-38.1Health and Educational Building Corporation

This text of Rhode Island § 45-38.1-16 (§ 45-38.1-16. Bonds eligible for investment.) 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 § 45-38.1-16 (2026).

Text

§ 45-38.1-16. Bonds eligible for investment.
Bonds or notes issued by the corporation under the provisions of this chapter are
            made securities in which all public officers and public bodies of the state and its
            political subdivisions, all insurance companies, trust companies, banking associations,
            credit unions, building and loan associations, investment companies, executors, administrators,
            trustees and other fiduciaries, pension, profit sharing, and retirement funds, may
            properly and legally invest funds, including capital in their control or belonging
            to them. The bonds or notes are made securities which may properly and legally be
            de

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§ 45-38.1-16. Bonds eligible for investment.

Bonds or notes issued by the corporation under the provisions of this chapter are made securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, trust companies, banking associations, credit unions, building and loan associations, investment companies, executors, administrators, trustees and other fiduciaries, pension, profit sharing, and retirement funds, may properly and legally invest funds, including capital in their control or belonging to them. The bonds or notes are made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the state for any purpose for which the deposit of bonds or other obligations of the state is now or may hereafter be authorized by law.