§ 5-91-13. Finance powers. [Expires July 1, 2025.]
(a) The interstate commission may levy on and collect an annual assessment from each member state to cover the cost of the operations and activities of the interstate commission and its staff. The total assessment must be sufficient to cover the annual budget approved each year for which revenue is not provided by other sources. The aggregate annual assessment amount shall be allocated upon a formula to be determined by the interstate commission, which shall promulgate a rule binding upon all member states.
(b) The interstate commission shall not incur obligations of any kind prior to securing the funds adequate to meet the same.
(c) The interstate commission shall not pledge the credit of any of the member states, except by, and with the authority of, the member state.
(d) The interstate commission shall be subject to a yearly financial audit conducted by a certified or licensed accountant and the report of the audit shall be included in the annual report of the interstate commission.
History of Section.P.L. 2022, ch. 284, § 1, effective June 29, 2022; P.L. 2022, ch. 285, § 1, effective June 29, 2022.
Structure Rhode Island General Laws
Title 5 - Businesses and Professions
Chapter 5-91 - Interstate Medical Licensure Compact [Expires July 1, 2025.]
Section 5-91-1. - Purpose. [Expires July 1, 2025.]
Section 5-91-2. - Definitions. [Expires July 1, 2025.]
Section 5-91-3. - Eligibility. [Expires July 1, 2025.]
Section 5-91-4. - Designation of state of principal license. [Expires July 1, 2025.]
Section 5-91-5. - Application and issuance of expedited licensure. [Expires July 1, 2025.]
Section 5-91-6. - Fees for expedited licensure. [Expires July 1, 2025.]
Section 5-91-7. - Renewal and continued participation. [Expires July 1, 2025.]
Section 5-91-8. - Coordinated information system. [Expires July 1, 2025.]
Section 5-91-9. - Joint investigations. [Expires July 1, 2025.]
Section 5-91-10. - Disciplinary actions. [Expires July 1, 2025.]
Section 5-91-11. - Interstate Medical Licensure Compact Commission. [Expires July 1, 2025.]
Section 5-91-12. - Powers and duties of the interstate commission. [Expires July 1, 2025.]
Section 5-91-13. - Finance powers. [Expires July 1, 2025.]
Section 5-91-14. - Organization and operation of the interstate commission. [Expires July 1, 2025.]
Section 5-91-15. - Rulemaking functions of the interstate commission. [Expires July 1, 2025.]
Section 5-91-16. - Oversight of interstate compact. [Expires July 1, 2025.]
Section 5-91-17. - Enforcement of interstate compact. [Expires July 1, 2025.]
Section 5-91-18. - Default procedures. [Expires July 1, 2025.]
Section 5-91-19. - Dispute resolution. [Expires July 1, 2025.]
Section 5-91-20. - Member states — Effective date — Amendment. [Expires July 1, 2025.]
Section 5-91-21. - Withdrawal. [Expires July 1, 2025.]
Section 5-91-22. - Dissolution. [Expires July 1, 2025.]
Section 5-91-23. - Severability and construction. [Expires July 1, 2025.]
Section 5-91-24. - Binding effect of compact and other laws. [Expires July 1, 2025.]
Section 5-91-25. - Sunset of chapter. [Expires July 1, 2025.]