TITLE 35
Public Finance
CHAPTER 35-15
Savings Bond Program
SECTION 35-15-1
§ 35-15-1 Legislative findings.
It is declared that, for the benefit of the people of the state, the conduct
and increase of their commerce, the protection and enhancement of their
welfare, the development of continued prosperity, and the improvement of their
health and living conditions, it is essential that this and future generations
be given the fullest opportunity to learn and to develop their intellectual
skills and be given the fullest access to affordable housing. In order to
achieve these ends it is important that Rhode Island citizens be provided with
an investment opportunity to enhance their financial access to institutions of
higher education and access to housing within this state. It is the intent of
the general assembly to provide the people of the state with an alternative
method of saving for the purpose of encouraging enrollment in institutions of
higher education and for the purpose of encouraging the purchase of residential
dwellings within the state.
History of Section.
(P.L. 1988, ch. 426, § 1; P.L. 1990, ch. 54, § 1.)