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Section 45-9-8 Appointment of receiver in a fiscal emergency.

RI Gen L § 45-9-8 (2019) (N/A)
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§ 45-9-8. Appointment of receiver in a fiscal emergency. In the event the director of revenue determines, in consultation with the auditor general, that a city, town, or fire district is facing a fiscal emergency and that circumstances do not allow for appointment of a fiscal overseer or a budget commission prior to the appointment of a receiver, the director of revenue may appoint a receiver without having first appointed a fiscal overseer or a budget commission.

History of Section. (P.L. 2010, ch. 24, § 1; P.L. 2010, ch. 27, § 1; P.L. 2014, ch. 31, § 1; P.L. 2014, ch. 33, § 1.)

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