Rhode Island Statutes

§ 45-41-2 — § 45-41-2. Amount of fund.

Rhode Island·Title 45 Towns and cities·Ch. 45-41 Self Insuring Fund

§ 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 (§ 45-41-2. Amount of fund.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

P.L. 1971, ch. 216, § 1.

Nearby Sections

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