§ 45-30-5. Bonds as legal investments.
Bonds or other obligations issued by a housing authority for a project developed or administered pursuant to this chapter are legal investments to the same extent and for the same persons, institutions, associations, corporations, bodies, and officers as bonds or other obligations issued pursuant to the Housing Authorities Law, chapters 25 — 27 of this title, for the development of a slum clearance or housing project for persons of low income.
History of Section.P.L. 1951, ch. 2763, § 4; G.L. 1956, § 45-30-5.
Structure Rhode Island General Laws
Chapter 45-30 - National Defense Housing Projects
Section 45-30-1. - Declaration of purpose.
Section 45-30-2. - Definitions.
Section 45-30-4. - Cooperation of state public bodies.
Section 45-30-5. - Bonds as legal investments.
Section 45-30-6. - Validation of prior agreements.
Section 45-30-7. - Independent authorization — Restrictions of other laws inapplicable.
Section 45-30-8. - Cooperation with federal government.
Section 45-30-9. - Determination of housing shortage by council.