§ 42-44.1-9. Bonds and notes tax exempt general obligation of state.
All bonds and notes issued under the authority of this chapter shall be exempt from taxation in the state and shall be general obligations of the state, and the full faith and credit of the state are hereby pledged for the due payment of the principal and the interest on the bonds and notes as they shall become due.
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.