R.I. Gen. Laws § 45-33.2-11

Current through 2024 Public Law 457

Section 45-33.2-11 - Credit of municipality not pledged

The bonds and notes issued under this chapter are payable solely from project revenues. These bonds and notes shall not at any time be included in the debt of the city or town for the purpose of ascertaining its legal borrowing capacity.

R.I. Gen. Laws § 45-33.2-11

P.L. 1984, ch. 78, § 1.