Rhode Island § 16-4-1 - Permanent School Fund [See Title 16 Chapter 97 — The Rhode Island Board of Education Act]
Full text of Rhode Island Rhode Island General Laws § 16-4-1 — Permanent School Fund [See Title 16 Chapter 97 — The Rhode Island Board of Education Act], with citation guidance and answers to common questions.
§ 16-4-1. Permanent School Fund [See Title 16 Chapter 97 — The Rhode Island Board of Education Act]
R.I. Gen. Laws § 16-4-1
§ 16-4-1. Custody and investment of fund.
The general treasurer with the advice of the governor shall have full power to regulate the custody and safekeeping of the permanent fund for the support of public schools, and, subject to the provisions of chapter 10 of title 35, shall keep the fund securely invested in bonds or notes of the United States, or in bonds of towns or cities within this state, or certificates of deposit, or commercial paper, or in other investments authorized by virtue of § 35-10-6; provided, that the securities in which the fund is invested may remain a part of the fund until exchanged for other securities.
History of Section.
G.L. 1896, ch. 30, § 1; G.L. 1909, ch. 40, § 1; P.L. 1922, ch. 2234, § 1; G.L. 1923,
ch. 41, § 1; G.L. 1938, ch. 194, § 1; G.L. 1956, § 16-4-1; P.L. 1979, ch. 173, § 1;
P.L. 1986, ch. 287, art. 12, § 2.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 16-4-1
What does Rhode Island General Laws § 16-4-1 cover?
Section 16-4-1 ("Permanent School Fund [See Title 16 Chapter 97 — The Rhode Island Board of Education Act]") is part of the Rhode Island General Laws, the codified statutory law of Rhode Island. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Rhode Island § 16-4-1?
A common citation format is "Rhode Island General Laws § 16-4-1" (Rhode Island). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Rhode Island law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Rhode Island official source linked on this page or consult a licensed Rhode Island attorney.
How does Rhode Island § 16-4-1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Rhode Island can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Rhode Island.