TITLE 22

General Assembly

CHAPTER 22-14

Legislative Oversight Commission

SECTION 22-14-13



   § 22-14-13  State bonds. –

Notwithstanding any other provisions of this chapter to the contrary, no entity

which has outstanding bonds shall be abolished until and unless provision is

made for the payment of principal and interest of the bonds at or before

maturity or for the assumption of the indebtedness by the state or any agency

or subdivision of the state.



History of Section.

(P.L. 1977, ch. 260, § 1: G.L. 1956, § 42-67-13; P.L. 1978, ch. 387,

§ 1.)