Rhode Island General Laws 16-62-20. Supplemental nature of powers – Issuance of bonds and notes governed by this chapter
Nothing contained in this chapter shall restrict or limit the powers of the authority arising under any laws of this state. This chapter shall be construed to provide a complete additional and alternative method for doing the things authorized by it and shall be regarded as supplemental and in addition to the powers conferred by other laws. The issuance of all bonds, notes, and other obligations of the authority under the provisions of this chapter need not comply with the requirements of any other statute applicable to the issuance of bonds, notes, or other obligations. No proceedings or notice of approval shall be required for the issuance of any bonds, notes, and other obligations or any instruments of security for these except as provided in this chapter.
History of Section.
P.L. 1981, ch. 44, § 1.
Terms Used In Rhode Island General Laws 16-62-20
- Authority: means the governmental agency and public instrumentality authorized, created, and established pursuant to § 16-62-4. See Rhode Island General Laws 16-62-3
- notes: means the bonds, notes, securities, or other obligations or evidences of indebtedness issued by the authority pursuant to this chapter, all of which shall be issued under the name of or known as obligations of the Rhode Island student loan authority. See Rhode Island General Laws 16-62-3
- State: means the state of Rhode Island. See Rhode Island General Laws 16-62-3
- Statute: A law passed by a legislature.