§ 35-4-24. Custodial funds received and held in trust by state agencies.
(a) State agencies which receive funds from wards of the state for the purposes of maintaining these funds in trust while the person is in the care of the state shall deposit these funds in the general fund.
(b) All funds received from patients, wards, inmates, or residents on a custodial or trust basis shall be turned over to the general treasurer and shall be placed in a custodial account within the general fund. The general treasurer will provide the agency with an estimate of earnings on these funds while held in the general fund, and the state controller shall transfer these earnings to the trust account. It will be the responsibility of the agency to determine the allocation of these earnings. The state controller, upon receipt by him or her of properly authenticated vouchers, is authorized to draw from time to time his or her orders upon the general treasurer for payment from these custodial accounts and the general treasurer is authorized and directed to make payments from these accounts upon receipt of the orders.
History of Section.P.L. 1993, ch. 138, art. 5, § 2.
Structure Rhode Island General Laws
Section 35-4-1. - Revenue credited to general fund — Exceptions — Deposits.
Section 35-4-2. - Payments to general treasurer — Allocations to specific funds.
Section 35-4-4. - Safekeeping and disbursement of funds.
Section 35-4-4.1. - State Linked Deposit Policy — Short title.
Section 35-4-4.2. - State Linked Deposit Policy — Legislative purpose.
Section 35-4-4.3. - State Linked Deposit Policy — Deposit of funds.
Section 35-4-4.4. - State Linked Deposit Policy — Exceptions.
Section 35-4-4.5. - State Linked Deposit Policy — Enforcement.
Section 35-4-4.6. - State Linked Deposit Policy — Definitions — Exemptions.
Section 35-4-4.7. - Public disclosure.
Section 35-4-5. - Deposit of funds — Purchase of bonds and securities.
Section 35-4-6. - Acceptance of gifts and bequests.
Section 35-4-7. - Sale of gifts and bequests — Deposit of proceeds.
Section 35-4-8. - Checks for payments from treasury.
Section 35-4-9. - Monthly reconciliation of depository accounts — Stopping payment on unpaid checks.
Section 35-4-10. - Veterans’ disability allowances unimpaired.
Section 35-4-11. - Intermodal surface transportation fund.
Section 35-4-12. - Federal reduction relief fund — Creation.
Section 35-4-13. - Federal reduction relief fund — Appropriations for essential state services.
Section 35-4-13.1. - Federal reduction relief fund — Appropriations for excellence in education.
Section 35-4-13.3. - Federal reduction relief fund — Appropriations for job development programs.
Section 35-4-13.4. - Federal reduction relief fund — Appropriations for housing programs.
Section 35-4-14. - Federal reduction relief fund — Interest earned on investment.
Section 35-4-15. - Federal reduction relief fund — Replenishment of fund.
Section 35-4-16. - Federal reduction relief fund — Severability.
Section 35-4-17. - Central cancer registry and prevention fund.
Section 35-4-18. - Health education, alcohol, and substance abuse prevention program.
Section 35-4-20. - Contribution of money from water development account fund.
Section 35-4-20.3. - Contribution of money from water development fund — Application for refunds.
Section 35-4-21. - Basic health plan trust account.
Section 35-4-22. - Inclusion of restricted and special revenue funds in budget.
Section 35-4-22.1. - Legislative appropriation authority.
Section 35-4-22.2. - Use of restricted or special revenue funds.
Section 35-4-22.3. - Exceptions and exclusions to §§ 35-4-22.1 and 35-4-22.2.
Section 35-4-23. - Rhode Island capital plan funds.
Section 35-4-23.1. - Indirect cost recoveries by state agencies.
Section 35-4-24. - Custodial funds received and held in trust by state agencies.
Section 35-4-25. - Funds attributable to agency business operations.
Section 35-4-26. - Funds received from vending machines, private donations, and investments.
Section 35-4-27. - Indirect cost recoveries on restricted receipt accounts.
Section 35-4-28. - Conversion of restricted receipt accounts to general revenue accounts.