Rhode Island General Laws 35-20-9. Financial Estimates for Public Corporations
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Itemized estimates of the financial needs of each public corporation shall be submitted by each chairperson or chief executive officer of a public corporation to the governor through the budget officer of the department of administration. The estimate shall be in such form, and in such number of copies, and with such explanation as the budget officer may require. The budget officer shall also provide copies of the estimates to the house fiscal advisor and the senate fiscal advisor.
History of Section.
P.L. 1999, ch. 295, § 1.
Terms Used In Rhode Island General Laws 35-20-9
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Governor: means the governor of Rhode Island. See Rhode Island General Laws 35-20-5
- Public corporation: means any body corporate and politic created or to be created pursuant to statute, including, without limitation, the Rhode Island industrial recreational building authority, the Rhode Island economic development corporation and any subsidiaries thereof, the Rhode Island industrial facilities corporation, the Rhode Island refunding bond authority, the Rhode Island health and educational building authority, the board of governors for higher education, the Rhode Island housing and mortgage finance corporation, the Rhode Island resource recovery corporation, the Rhode Island public transit authority, the Rhode Island student loan authority, the water resources board corporate, the Narragansett Bay water quality management district commission, the Rhode Island health and educational building corporation, the Rhode Island depositors economic protection corporation, the Rhode Island convention center authority, the Rhode Island turnpike and bridge authority, their successors and assigns. See Rhode Island General Laws 35-20-5