§ 42-11.1-11. Chapter to control — Contractual waiver void.
No contract entered into after January 1, 1988 shall contain any provision requiring the payment of interest in a manner inconsistent with this chapter, and any provision contained in the contract which waives the right to the payment of interest is hereby declared to be contrary to public policy and wholly void.
History of Section.P.L. 1987, ch. 73, § 1.
Structure Rhode Island General Laws
Title 42 - State Affairs and Government
Chapter 42-11.1 - Prompt Payment by Department of Administration
Section 42-11.1-2. - Definitions.
Section 42-11.1-3. - Time period for payment.
Section 42-11.1-4. - Partial payment.
Section 42-11.1-5. - Determination of eligibility for payment of interest.
Section 42-11.1-6. - Computation of interest payment.
Section 42-11.1-7. - Determination of appropriations for interest payments.
Section 42-11.1-8. - Exclusion of interest from reimbursement rates.
Section 42-11.1-10. - Acceptance of payment.
Section 42-11.1-11. - Chapter to control — Contractual waiver void.
Section 42-11.1-12. - Judicial review.
Section 42-11.1-13. - Court actions or other legal processes.
Section 42-11.1-14. - Inapplicability of chapter.
Section 42-11.1-15. - Quarterly reports of late payments and interest.
Section 42-11.1-16. - Partial payment — Certificate of continuance.