Indebtedness of Towns and Cities

  1. Law
  2. Rhode Island General Laws
  3. Towns and Cities
  4. Indebtedness of Towns and Cities

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Section
45-12-1

Payment of indebtedness.

Section
45-12-2

Maximum aggregate indebtedness.

Section
45-12-2.1

Ministerial approval.

Section
45-12-3

Statements to accompany bills to general assembly to authorize indebtedness.

Section
45-12-4

Borrowing in anticipation of taxes.

Section
45-12-4.1

Borrowing where collection of taxes delayed or taxes refunded.

Section
45-12-4.2

Borrowing in anticipation of federal or state grants.

Section
45-12-4.3

Borrowing in anticipation of water and sewer tax and user charge revenue.

Section
45-12-4.4

Borrowing in payment of certain judgments.

Section
45-12-4.5

Relationship to charters.

Section
45-12-5

Sale of evidences of indebtedness - Annual payments - Terms.

Section
45-12-5.1

Callable bonds.

Section
45-12-5.2

Issuance of refunding bonds to pay outstanding bonds.

Section
45-12-5.3

Debt maturity for United States Department of Agriculture/Rural Development bonds.

Section
45-12-5.4

Cities or towns with a population greater than 125,000 inhabitants - Variable rate obligations and interest exchange agreements.

Section
45-12-5.5

Repealed.

Section
45-12-6

Statutory bond authorizations construed as additional authority.

Section
45-12-7

Sinking fund provisions construed as additions to general sinking fund.

Section
45-12-8

Establishment of general sinking fund - Computation of payments to sinking fund.

Section
45-12-9

Retirement of bonds in sinking fund.

Section
45-12-10

Repealed.

Section
45-12-11

Authority for issuance of indebtedness excess.

Section
45-12-12

City and town boards to authorize duplicate bonds.

Section
45-12-13

Repair or replacement of damaged bond or note.

Section
45-12-14

Replacement of lost or destroyed bond or note - Bond to indemnify city or town.

Section
45-12-15

Contractual debts unimpaired.

Section
45-12-16

Interest rate.

Section
45-12-17

Debt previously approved.

Section
45-12-18

Bond anticipation notes.

Section
45-12-19

Charter provisions as to referendum.

Section
45-12-20

Issuance of bonds authorized by law approved by electors.

Section
45-12-21

Powers of financial town meeting not affected.

Section
45-12-22

Repealed.

Section
45-12-22.1

Municipal deficits - Purpose.

Section
45-12-22.2

Monitoring of financial operations - Corrective action.

Section
45-12-22.3

Year-end deficits.

Section
45-12-22.4

Deficit, pension and other post-employment benefit financing - Approval required.

Section
45-12-22.5

Unbudgeted expenditures.

Section
45-12-22.6

Cooperation of school committees.

Section
45-12-22.7

Enforcement and remedies.

Section
45-12-23

Tax exemption.

Section
45-12-24

Repealed.

Section
45-12-25

Sale of bonds or notes at a discount.

Section
45-12-26

Commercial agreements relating to registered bonds and notes.

Section
45-12-27

Conflict between bond referendum provisions and bond expenditure provisions.

Section
45-12-28

Permitted temporary investments for bond proceeds.

Section
45-12-29

Agreements relating to tax and securities compliance rebate to federal government.

Section
45-12-30

Securing of bonds or notes - Trust agreements.

Section
45-12-31

Extinguishment of authorizations.

Section
45-12-32

Inability to pay interest or principal of bonds, notes or certificates of indebtedness - Notice - Certification to general treasurer - Payment by general treasurer.

Section
45-12-33

Borrowing for road and bridge, infrastructure, and school building projects.