GroundRules
R.I. Gen. Laws § 42-133-12: Limited power to incur debt.
Where this section sits in the code
- Title 42 State Affairs and Government
- Chapter 133 Tobacco Settlement Financing Corporation Act
The corporation and the board have no power to incur debt or obligations or in any way to encumber their assets except by the issuance of bonds, including the making of covenants in relation to the issuing of bonds and the incurring of expenses and obligations in connection with such issuance.
Collected 2026-09-05T20:00:11Z. Source file · JSON