R.I. Gen. Laws § 42-10-9: Custodian of state property.

The general treasurer shall, except as otherwise provided, personally attend to the general treasurer’s official duties; the general treasurer shall be the keeper of the certificates of stocks, notes, and other evidences of property belonging to the permanent school fund and the Touro fund, and of all other property belonging to the state or held by the state in trust; and the general treasurer shall collect the dividends, interest, and income arising from the above-mentioned property, and shall dispose of them according to law.