§ 35-8-17. Replacement or repair of damaged bonds or notes.
Whenever the board is satisfied that any instrument or printed or written paper presented to it is in fact a valid bond or note of the state but it is so damaged that its condition is such as to hinder or prevent the owner or holder thereof from making good delivery of the bond or note, the board may, upon payment to it by the owner or holder thereof of such a sum as it deems necessary to cover the actual expense involved, cause the damage to be repaired or remedied by requiring the proper officers of the state to sign the bond or note in place of their damaged or destroyed signatures or those of their predecessors in office, to issue a duplicate bond or note, or to do whatever else the board may require of them to repair or remedy the damage. But no duplicate bond or note shall be so issued except upon the surrender of the original bond or note, which shall thereupon be cancelled forthwith, and the repaired or duplicate bond or note shall be treated in all respects as a valid obligation of the state. On every repaired or duplicate bond or note the general treasurer shall certify on the back thereof that the bond or note has been repaired or issued under the provisions of this section and the certification shall be conclusive proof that the bond or note has been repaired or issued in accordance with the requirements of the board and that it is a valid obligation of the state in accordance with its terms.
History of Section.G.L. 1938, ch. 107, § 15; P.L. 1939, ch. 668, § 1; G.L. 1956, § 35-8-17.
Structure Rhode Island General Laws
Chapter 35-8 - Bonded Indebtedness of State
Section 35-8-1. - Certificates of indebtedness issued for coupon bonds surrendered — Transfer.
Section 35-8-3. - Sinking fund commission — Composition — Elective members — Quorum.
Section 35-8-4. - Succession of sinking fund commission to previous board.
Section 35-8-5. - Officers of sinking fund commission.
Section 35-8-6. - Control and management of sinking funds — Investment.
Section 35-8-6.1. - Exclusion from sinking fund commission authority.
Section 35-8-6.2. - Sinking funds to replace bond issuance.
Section 35-8-8. - Safekeeping of securities and records of sinking fund commission.
Section 35-8-9. - Records and annual report of sinking fund commission.
Section 35-8-10. - Expenses of sinking fund commission members.
Section 35-8-10.1. - Expenses of sinking fund commission.
Section 35-8-11. - Payments into sinking funds.
Section 35-8-12. - Annual deficit payments to sinking fund commission.
Section 35-8-13. - Surplus remaining after redemption of bonds.
Section 35-8-14. - General sinking fund established.
Section 35-8-15. - Custody of securities in general sinking fund.
Section 35-8-16. - Board for replacement of lost, destroyed, or mutilated bonds or notes.
Section 35-8-17. - Replacement or repair of damaged bonds or notes.
Section 35-8-18. - Replacement of lost or destroyed bond or note — Bond to protect state.
Section 35-8-21. - Consolidation of bond issues.
Section 35-8-22. - Rebate to federal government.
Section 35-8-24. - Bonds to be eligible for Rhode Island savings bond program.
Section 35-8-25. - Extinguishment of authorized but unissued debt.
Section 35-8-26. - Refunding bonds.
Section 35-8-27. - Variable rate obligations and interest rate exchange agreements.
Section 35-8-28. - Interest earnings on state bonded indebtedness — Federal requirements.