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§ 16-62-16 — Rhode Island Law | CourtGPT
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  4. Chapter 16-1 - State Department of Elementary and Secondary Education [See Title 16 Chapter 97 — the Rhode Island Board of Education Act]/
  5. Chapter 16 62/
  6. § 16-62-16
Rhode Island Legal Code

§ 16-62-16

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The authority is authorized to accept any money as may be appropriated by the general assembly for effectuating its corporate purposes including, without limitation, the payment of the initial expenses of administration and operation and the establishment of reserves or contingency funds to be available for the payment of the principal of and the interest on any bonds, notes, or other obligations of the authority. History of Section.P.L. 1981, ch. 44, § 1.