§ 42-44.1-12. Amortization.
For the purpose of paying any expenses incurred by the general treasurer in the issuance of the bonds or notes under the authority of this chapter, and any interest and any principal becoming payable from time to time on the bonds or notes issued under the authority of this chapter and then outstanding, the state controller is hereby authorized and directed to draw his or her orders upon the general treasurer for the payment of expenses, interest, and principal out of the fund. In the event that the amount available in the fund is not sufficient for this purpose, a sum sufficient is hereby annually appropriated out of any money in the treasury not otherwise appropriated for the payment of the expenses, interest, and principal.
History of Section.P.L. 1984, ch. 420, § 1.
Structure Rhode Island General Laws
Title 42 - State Affairs and Government
Chapter 42-44.1 - Sewage and Water Supply Failure Fund
Section 42-44.1-1. - Legislative findings and intent.
Section 42-44.1-2. - Definitions.
Section 42-44.1-3. - Sewage and water supply failure program.
Section 42-44.1-4. - Administration of the program.
Section 42-44.1-5. - Bonds authorized — Maturity — Certification and execution.
Section 42-44.1-6. - Sewage system and water supply failure.
Section 42-44.1-7. - Temporary notes.
Section 42-44.1-8. - Advances from general fund in anticipation of the issue of notes or bonds.
Section 42-44.1-9. - Bonds and notes tax exempt general obligation of state.
Section 42-44.1-11. - Investment of moneys pending expenditures.