Rhode Island § 35-8-6 - Bonded Indebtedness of State
Full text of Rhode Island Rhode Island General Laws § 35-8-6 — Bonded Indebtedness of State, with citation guidance and answers to common questions.
§ 35-8-6. Bonded Indebtedness of State
R.I. Gen. Laws § 35-8-6
§ 35-8-6. Control and management of sinking funds — Investment.
The sinking fund commission shall have the control and management of all sinking funds established for the redemption of any bonds or certificates of indebtedness issued by the state, except for investments which are made by the state investment commission under the provisions of chapter 10 of this title. Any and all bonds or certificates of indebtedness of the state purchased as an investment for the sinking fund for the redemption of bonds of the same issue shall be held in the sinking fund subject to the order of the commission or until the bonds shall by their terms become due and payable. For the purposes of this section, refunding escrows established by the state in connection with the refinancing of any bonds, notes or certificates of indebtedness including, without limitation, refunding escrows established in connection with the refinancing of any certificates of participation issued by or at the direction of the state, shall not constitute sinking funds established for the redemption of any bonds or certificates of indebtedness issued by the state.
History of Section.
G.L. 1896, ch. 32, § 5; G.L. 1909, ch. 42, § 5; G.L. 1923, ch. 43, § 5; P.L. 1925,
ch. 612, § 1; G.L. 1938, ch. 107, § 5; P.L. 1940, ch. 882, § 1; P.L. 1942, ch. 1217,
§ 1; G.L. 1956, § 35-8-6; impl. am. P.L. 1958, ch. 164; P.L. 1998, ch. 31, art. 26,
§ 2.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 35-8-6
What does Rhode Island General Laws § 35-8-6 cover?
Section 35-8-6 ("Bonded Indebtedness of State") 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 § 35-8-6?
A common citation format is "Rhode Island General Laws § 35-8-6" (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 § 35-8-6 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.