Rhode Island General Laws
Chapter 45-50 - Municipal Public Buildings Authorities
Section 45-50-5.3. - Evaluation and approval.

§ 45-50-5.3. Evaluation and approval.
Except as stated in this chapter, the board created in chapter 10.1 of title 42 shall evaluate all proposals for the issuance of bonds, general obligations, and/or revenue, prior to the issuance of the bonds. General obligation bonds and revenue bonds, including any temporary notes sought to be issued in conjunction with this chapter, shall not be issued by any municipal public building authority created after December 31, 1988, without the prior approval of the board.
History of Section.P.L. 1989, ch. 466, § 2.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 45 - Towns and Cities

Chapter 45-50 - Municipal Public Buildings Authorities

Section 45-50-1. - Short title.

Section 45-50-2. - Authorities created.

Section 45-50-3. - Legislative findings — Applicability of chapter — Resolution of need required for authority to function.

Section 45-50-4. - Resolution conclusive as to capacity of authority.

Section 45-50-5. - Appointment of authority members.

Section 45-50-5.1. - Compliance with laws and contractual obligations.

Section 45-50-5.2. - Interest of members or employees in property.

Section 45-50-5.3. - Evaluation and approval.

Section 45-50-6. - Tenure of authority members.

Section 45-50-7. - Officers and quorums.

Section 45-50-8. - Reimbursement for expenses.

Section 45-50-9. - Definitions.

Section 45-50-10. - Acquisition and construction of projects — Lease or sale — Conveyance to authority — Request for project.

Section 45-50-11. - Credit of state, political subdivisions, and authority not pledged.

Section 45-50-12. - Powers of authority.

Section 45-50-13. - Eminent domain proceedings.

Section 45-50-14. - Revenue bonds.

Section 45-50-15. - Trust agreements.

Section 45-50-16. - Revenues.

Section 45-50-17. - Trust funds.

Section 45-50-18. - Remedies.

Section 45-50-19. - Exemptions from taxation.

Section 45-50-20. - Bonds eligible for investment.

Section 45-50-21. - Negotiable instruments.

Section 45-50-22. - Refunding bonds.

Section 45-50-23. - Use of projects.

Section 45-50-24. - Limitation of powers.

Section 45-50-25. - Actions authorized by resolution.

Section 45-50-26. - Annual report and audit.

Section 45-50-27. - Transfer of project to governmental body.

Section 45-50-28. - Inconsistent provisions.

Section 45-50-29. - Applicability of other laws.

Section 45-50-30. - Liberal construction.

Section 45-50-31. - Severability.