Rhode Island § 24-12-39 - Rhode Island Turnpike and Bridge Authority
Full text of Rhode Island Rhode Island General Laws § 24-12-39 — Rhode Island Turnpike and Bridge Authority, with citation guidance and answers to common questions.
§ 24-12-39. Rhode Island Turnpike and Bridge Authority
R.I. Gen. Laws § 24-12-39
§ 24-12-39. Transfer of projects to state — Dissolution of authority.
When all bonds issued under the provisions of this chapter and the interest thereon shall have been paid or a sufficient amount for the payment of all the bonds and the interest thereon to the maturity thereof shall have been set aside in trust for the benefit of the bondholders, all projects financed under the provisions of this chapter may be transferred to the state in good condition and repair, and thereupon the authority shall be dissolved and all funds of the authority not required for the payment of bonds shall be paid to the general treasurer for the use of the state and all machinery, equipment and other property belonging to the authority shall be vested in the state and delivered to the department of transportation.
History of Section.
P.L. 1954, ch. 3390, § 17; G.L. 1956, § 24-12-39; P.L. 1960, ch. 219, §§ 1, 21; P.L.
2012, ch. 241, art. 20, § 3.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 24-12-39
What does Rhode Island General Laws § 24-12-39 cover?
Section 24-12-39 ("Rhode Island Turnpike and Bridge Authority") 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 § 24-12-39?
A common citation format is "Rhode Island General Laws § 24-12-39" (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 § 24-12-39 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.