§ 16-60-8.1. Regents recovery for indirect costs.
The regents shall apply for recovery of indirect cost when recovery is permissible under federal statute and grant regulations. All funds received for indirect costs recovery shall be turned over to the general treasurer and shall be placed in a restricted account for specific purposes designated by the regents. The regents shall annually report to the general assembly the estimated amount of federal indirect cost recoveries for the next fiscal year together with the intended use of the funds.
History of Section.P.L. 1985, ch. 324, § 1.
Structure Rhode Island General Laws
Section 16-60-1. - Council on elementary and secondary education established.
Section 16-60-2. - Appointment of board members.
Section 16-60-3. - Removal of public members of board.
Section 16-60-4. - Council on elementary and secondary education — Powers and duties.
Section 16-60-4.1. - Granting of high school diplomas for World War II and Korean War veterans.
Section 16-60-5. - Meetings of board.
Section 16-60-6. - Commissioner of elementary and secondary education.
Section 16-60-7. - Department of elementary and secondary education — Personnel board.
Section 16-60-7.1. - Early childhood training and resource center — Board of advisors.
Section 16-60-7.2. - Longevity payments — Nonclassified employees.
Section 16-60-7.3. - Statewide purchasing system and programs.
Section 16-60-8. - State educational budget and appropriations.
Section 16-60-8.1. - Regents recovery for indirect costs.
Section 16-60-9. - Investigative powers of board.
Section 16-60-10. - Applicability of Administrative Procedures Act.
Section 16-60-11. - Liberal construction of chapter required.