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U.S. State Codes
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Rhode-Island
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Title 45 - Towns and Cities
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Chapter 45-12 Indebtedness of Towns and Cities
Chapter 45-12 Indebtedness of Towns and Cities
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Section 45-12-5.5 Repealed.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Section 45-12-10 Repealed.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Section 45-12-22 Repealed.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.