To assure the continued operation and solvency of the corporation for the carrying out of its corporate purposes, the corporation may create and establish one or more special funds ( referred to as 'capital reserve funds' in this chapter), and may pay into each capital reserve fund: (1) Any monies appropriated and made available by the state for the purpose of the fund; (2) Proceeds from the sale of notes or bonds to the extent provided in the resolution or resolutions of the corporation authorizing their issuance; and (3) Any other moneys that may be made available to the corporation, for the purpose of the fund, from any other source. History of Section.P.L. 1991, ch. 421, § 1.
Rhode Island Legal Code