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Current as of January 01, 2024 | Updated by Findlaw Staff
The purpose of §§ 35-4-4.1-- 35-4-4.6 is to increase the availability of capital and banking services in low and moderate income neighborhoods of Rhode Island by using state deposits as an incentive. Sections 35-4-4.1-- 35-4-4.6 uses the federal evaluation of CRA performance in helping the state decide where to deposit its funds.
Cite this article: FindLaw.com - Rhode Island General Laws Title 35. Public Finance § 35-4-4.2. State Linked Deposit Policy--Legislative purpose - last updated January 01, 2024 | https://codes.findlaw.com/ri/title-35-public-finance/ri-gen-laws-sect-35-4-4-2/
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