TITLE 46
Waters and Navigation
CHAPTER 46-12.2
Rhode Island Infrastructure Bank
SECTION 46-12.2-17
§ 46-12.2-17 No additional consent
required.
Except as provided in this section, bonds and local governmental obligations,
and non-governmental obligations may be issued under this chapter or chapter
24-18 without obtaining the consent of any executive office, department,
division, commission, board, bureau, or agency of the state or any political
subdivision thereof, and without any other proceedings or the happening of any
condition, or acts other than those proceedings, conditions, or acts which are
specifically required therefor hereunder or under any applicable bond act, and
the validity of and security for any bonds issued by the agency pursuant to
this chapter or chapter 24-18, and any local governmental obligations, and
non-governmental obligations issued in accordance herewith, shall not be
affected by the existence or nonexistence of any consent or other proceedings,
conditions, or acts. Nothing in this chapter or chapter 24-18 shall exempt the
agency from the provisions of chapter 10.1 of title 42 entitled "Public Finance
Management Board," and the Narragansett Bay commission shall not issue any
bonds, notes, or other indebtedness without the approval of the division of
public utilities as required by § 39-3-15.
History of Section.
(P.L. 1989, ch. 303, § 2; P.L. 2013, ch. 144, art. 20, § 2; P.L.
2015, ch. 141, art. 14, § 17.)
