§ 7-9-6. Premiums for bonds payable to state.
Whenever, by the laws of this state, any officer is required to give bond to the state, the bond shall be taken by the general treasurer, in the name of the state, from a company authorized to do business in the state, at the state’s expense; and the state controller shall draw his or her order for the payment of the cost of the bond out of any money in the treasury not otherwise appropriated, upon the receipt of vouchers for it approved by the general treasurer.
History of Section.G.L. 1896, ch. 186, § 4; P.L. 1902, ch. 1053, § 1; G.L. 1909, ch. 226, § 4; P.L. 1911, ch. 667, § 1; G.L. 1923, ch. 264, § 4; G.L. 1938, ch. 119, § 4; impl. am. P.L. 1939, ch. 660, § 65; G.L. 1956, § 7-9-6.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-9 - Additional Powers of Corporations
Section 7-9-1. - Power to enter guaranty and suretyship contracts.
Section 7-9-2. - Power to execute bonds and obligations.
Section 7-9-3. - Acceptance of corporate bond as sole surety.
Section 7-9-4. - Purpose of provisions.
Section 7-9-5. - Allowance of bonding costs in accounts.
Section 7-9-6. - Premiums for bonds payable to state.