Rhode Island General Laws 35-8-10.1. Expenses of sinking fund commission
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The commission may incur reasonable expenses in the fulfillment of its duties, including but not limited to bond counsel and financial advisement. These expenses shall be paid out of the commission’s annual appropriation.
History of Section.
P.L. 1998, ch. 31, art. 26, § 3.
Terms Used In Rhode Island General Laws 35-8-10.1
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization