§ 35-4-4.4. State Linked Deposit Policy — Exceptions.
(a) Nothing in §§ 35-4-4.1 — 35-4-4.6 shall be construed as to require the state, or its agencies and instrumentalities, to liquidate existing funds on deposit prior to their maturity date(s) in order to comply with §§ 35-4-4.1 — 35-4-4.6.
(b) Sections 35-4-4.1 — 35-4-4.6 are not applicable with respect to funds on deposit that were received from the proceeds of either bond or note offerings that have received ratings from at least one national credit rating service of at least A-1 or MIG 1 with respect to short-term borrowings or A with respect to long-term borrowings. In determining which financial institutions shall hold these investments, preference shall be given to those financial institutions that have achieved an “outstanding” CRA rating.
History of Section.P.L. 1992, ch. 175, § 1.
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.