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Current as of January 01, 2022 | Updated by FindLaw Staff
Annually, within five (5) days after the fifteenth of June in each fiscal year, the sinking fund commission shall certify in writing to the controller the sum necessary to offset any deficit then existing in the sinking fund and thereupon, on or before the last business day of the fiscal year, it shall be the duty of the controller to draw his or her order upon the general treasurer, directing the treasurer to transfer that sum from the general fund to the sinking fund.
Cite this article: FindLaw.com - Rhode Island General Laws Title 35. Public Finance § 35-8-12. Annual deficit payments to sinking fund commission - last updated January 01, 2022 | https://codes.findlaw.com/ri/title-35-public-finance/ri-gen-laws-sect-35-8-12/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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