§ 45-9-14. No state guarantee.
Nothing in this chapter shall be construed to pledge the credit and assets of the state to pay the obligations or indebtedness, including bonded indebtedness, of any municipality or fire district.
History of Section.P.L. 2010, ch. 24, § 1; P.L. 2010, ch. 27, § 1; P.L. 2014, ch. 31, § 1; P.L. 2014, ch. 33, § 1.
Structure Rhode Island General Laws
Chapter 45-9 - Budget Commissions
Section 45-9-1. - Declaration of policy and legal standard.
Section 45-9-2. - Definitions.
Section 45-9-3. - Appointment and duties of fiscal overseer.
Section 45-9-4. - Approval of tax levy.
Section 45-9-5. - Reports of fiscal overseer and appointment of budget and review commission.
Section 45-9-6. - Composition of budget commission.
Section 45-9-7. - Appointment of receiver.
Section 45-9-8. - Appointment of receiver in a fiscal emergency.
Section 45-9-9. - Collective bargaining agreements.
Section 45-9-11. - Expenditures in excess of appropriations prohibited.
Section 45-9-12. - Conflicts with other laws.
Section 45-9-13. - Other state receivership laws inapplicable.
Section 45-9-14. - No state guarantee.
Section 45-9-15. - Inconsistent provisions.
Section 45-9-16. - Liberal construction.
Section 45-9-17. - Severability.
Section 45-9-18. - Additional powers of receiver.
Section 45-9-19. - Expenditures by elected officials in excess of appropriations prohibited.
Section 45-9-20. - Orders of the receiver.
Section 45-9-21. - Exemption from liability and prosecution.