Rhode Island General Laws > Chapter 16-89 – Uniform School District Grant, Gift and Donation Acceptance and Expenditure Act of 2009


§ 16-89-1	Short title
§ 16-89-2	Findings of fact
§ 16-89-3	Purpose
§ 16-89-4	Grants, gifts and donations – Acceptance and expenditure
§ 16-89-5	Grant, gifts and donation – Fiduciary responsibility of municipalities – Accounting
§ 16-89-6	Effect on annual municipal appropriation

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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
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.
Donor: The person who makes a gift.
Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
Grantor: The person who establishes a trust and places property into it.
person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6