R.I. Gen. Laws tit. 46, ch. 12.2 – Rhode Island Infrastructure Bank | Midpage

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Rhode Island General Laws

Chapter 46-12.2

R.I. Gen. Laws tit. 46, ch. 12.2

Rhode Island Infrastructure Bank

46-12.2-1Legislative findings 46-12.2-2Definitions 46-12.2-3Establishment, composition, appointment of directors of the Rhode Island infrastructure bank 46-12.2-4General powers and duties of agency 46-12.2-4.1Power to participate in projects to enhance the waters of the state 46-12.2-4.2Establishment of the efficient buildings fund 46-12.2-4.3Establishment of the clean energy fund 46-12.2-4.4Establishment of the resilient rhody infrastructure fund 46-12.2-5Officers 46-12.2-5.1Purchasing 46-12.2-6Establishment of the water pollution control revolving fund, the Rhode Island water pollution control revolving fund and the local interest subsidy trust fund — Sources of funds — Permitted uses 46-12.2-7Payment of state funds — Agreement between agency and department 46-12.2-8Procedures for application, approval, and award of financial assistance 46-12.2-9Authorization to expend funds available for local grants 46-12.2-10Powers of local governmental units 46-12.2-11Authority of local governmental units to issue obligations — Terms 46-12.2-12Power of local governmental units to issue limited obligations payable from wastewater system revenues 46-12.2-12.1Power of local governmental units to issue limited obligations payable from energy efficiency savings 46-12.2-13Trust agreements pertaining to local governmental obligations 46-12.2-14Bonds of the agency 46-12.2-15Refunding bonds 46-12.2-16Bonds eligible for investment 46-12.2-17No additional consent required 46-12.2-18Bonds not obligations of the state 46-12.2-19Lien status — Recording 46-12.2-20Bonds and local government obligations as investment securities 46-12.2-21Proceeds received by agency as trust funds 46-12.2-22Tax exemption 46-12.2-23Duration of agency — Termination 46-12.2-24Record keeping — Financial statements 46-12.2-24.1Reporting requirements 46-12.2-25Supplemental powers — Inconsistent laws 46-12.2-25.1Administrative procedures 46-12.2-26Compliance with federal law 46-12.2-27Severability — Liberal construction