Rhode Island § 46-12.2-16 § 46-12.2-16. Bonds eligible for investment.

Rhode Island Statutes

§ 46-12.2-16 — § 46-12.2-16. Bonds eligible for investment.

Rhode Island § 46-12.2-16

Title 46Waters and Navigation

Ch. 46-12.2Rhode Island Infrastructure Bank

This text of Rhode Island § 46-12.2-16 (§ 46-12.2-16. 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 § 46-12.2-16 (2026).

Text

§ 46-12.2-16. Bonds eligible for investment.
Bonds issued by the agency under this chapter or chapter 24-18 and local governmental
            obligations issued hereunder are hereby made securities in which all public officers
            and agencies of the state and its political subdivisions, all insurance companies,
            trust companies in their commercial departments, savings banks, cooperative banks,
            banking associations, investment companies, executors, administrators, trustees, and
            other fiduciaries may properly invest funds, including capital in their control or
            belonging to them. The bonds and local governmental obligations are hereby made securities
            whic

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§ 46-12.2-16. Bonds eligible for investment.

Bonds issued by the agency under this chapter or chapter 24-18 and local governmental obligations issued hereunder are hereby made securities in which all public officers and agencies of the state and its political subdivisions, all insurance companies, trust companies in their commercial departments, savings banks, cooperative banks, banking associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly invest funds, including capital in their control or belonging to them. The bonds and local governmental obligations are hereby made securities which may properly be deposited with and received by any state or municipal officer of any agency or political subdivision of the state for any purpose for which the deposit of bonds or obligations of the state or any political subdivision is now or may hereafter be authorized by law.