§ 22-14-13. State bonds.
Notwithstanding any other provisions of this chapter to the contrary, no entity which has outstanding bonds shall be abolished until and unless provision is made for the payment of principal and interest of the bonds at or before maturity or for the assumption of the indebtedness by the state or any agency or subdivision of the state.
History of Section.P.L. 1977, ch. 260, § 1: G.L. 1956, § 42-67-13; P.L. 1978, ch. 387, § 1.
Structure Rhode Island General Laws
Chapter 22-14 - Legislative Oversight Commission
Section 22-14-1. - Establishment — Purpose — Membership — Compensation.
Section 22-14-2. - Quorum — Meetings.
Section 22-14-3. - Rules and regulations.
Section 22-14-4. - Definitions.
Section 22-14-5.1. - Repealed.
Section 22-14-5.2. - Repealed.
Section 22-14-5.3. - Entities without expiration date — Statutory construction.
Section 22-14-5.4. - Repealed.
Section 22-14-6. - Procedure for re-creation.
Section 22-14-7. - Commission report.
Section 22-14-8. - Activities by terminated statutory entity.
Section 22-14-10. - Proceedings against statutory entity.
Section 22-14-11. - Legislative action.
Section 22-14-12. - Retirement systems unaffected.