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Current as of January 01, 2022 | Updated by FindLaw Staff
(a) The board shall compile and publish annually the total amount of public state, regional, municipal, and public and quasi-public corporation debt authorized, sold, and unsold.
(b) No less frequently than every two (2) years, the board shall oversee the undertaking of a debt affordability study that shall include recommended limits for the debt capacity of each state, municipal and regional authority, agency, board, commission, public and quasi-public corporation and fire district and other special district having authority to issue revenue or general obligation bonds or GARVEE bonds or notes or other various types of conduit debt or enter into financing leases.
Cite this article: FindLaw.com - Rhode Island General Laws Title 42. State Affairs and Government § 42-10.1-9. Report of debt affordability and targets - last updated January 01, 2022 | https://codes.findlaw.com/ri/title-42-state-affairs-and-government/ri-gen-laws-sect-42-10-1-9/
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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