Rhode Island § 35-3-27 - State Budget
Full text of Rhode Island Rhode Island General Laws § 35-3-27 — State Budget, with citation guidance and answers to common questions.
§ 35-3-27. State Budget
R.I. Gen. Laws § 35-3-27
§ 35-3-27. Reimbursement of debt service costs.
(a) The Rhode Island airport corporation shall pay to the State of Rhode Island the amount of debt service which would otherwise have been paid if the state had not refunded bonds or defeased with the proceeds from the tobacco securitization executed in June 2002 the general obligation bonds issued for airport purposes.
(b) The Narragansett bay water quality management district commission shall pay to the State of Rhode Island the amount of debt service which would otherwise have been paid if the state had not defeased with the proceeds from the tobacco securitization executed in June 2002 the user fee funded guaranteed general obligation bonds.
History of Section.
P.L. 2003, ch. 103, art. 5, § 1.
Frequently Asked Questions About Rhode Island § 35-3-27
What does Rhode Island General Laws § 35-3-27 cover?
Section 35-3-27 ("State Budget") 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 § 35-3-27?
A common citation format is "Rhode Island General Laws § 35-3-27" (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 § 35-3-27 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.