§ 45-9-8. Appointment of receiver in a fiscal emergency.
In the event the director of revenue determines, in consultation with the auditor general, that a city, town, or fire district is facing a fiscal emergency and that circumstances do not allow for appointment of a fiscal overseer or a budget commission prior to the appointment of a receiver, the director of revenue may appoint a receiver without having first appointed a fiscal overseer or a budget commission.
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.