§ 45-41-2 — § 45-41-2. Amount of fund.
This text of Rhode Island § 45-41-2 (§ 45-41-2. Amount of fund.) 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.
Text
§ 45-41-2. Amount of fund.
Self insurance funds may be established to insure the assets and liabilities of a city or town, not otherwise insured, to the extent determined by the city or town councils; provided, that these funds not exceed five percent (5%) of the total assessed valuation of real estate and tangible personal property in the cities or towns.
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Rhode Island § 45-41-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/45-41-2.