R.I. Gen. Laws § 45-33.2-11: Credit of municipality not pledged.
Where this section sits in the code
- Title 45 Towns and Cities
- Chapter 33.2 Municipal Tax Increment Financing Act
The bonds and notes issued under this chapter are payable solely from project revenues. These bonds and notes shall not at any time be included in the debt of the city or town for the purpose of ascertaining its legal borrowing capacity.
Collected 2026-09-05T20:00:53Z. Source file · JSON