Rhode Island § 23-99-8 - The Rhode Island Life Science Hub Act

Full text of Rhode Island Rhode Island General Laws § 23-99-8 — The Rhode Island Life Science Hub Act, with citation guidance and answers to common questions.

§ 23-99-8. The Rhode Island Life Science Hub Act

R.I. Gen. Laws § 23-99-8

§ 23-99-8. Accountability and audit.

(a) The board shall be responsible for establishing accountability standards, reporting standards, and outcome measurements for all of its expenditures, including all investments and grants.

(b) The board and the hub shall comply with provisions of chapter 155 of title 42 (“quasi-public corporations accountability and transparency act”).

(c) In addition to the requirements pursuant to the provisions of subsection (b) of this section and § 42-155-7, the books and records of the hub shall be audited by an outside audit firm selected and paid for by the hub, in accordance with § 35-7-13 at least on an annual basis, in accordance with generally accepted accounting principles and generally accepted government auditing standards.

History of Section.
P.L. 2023, ch. 79, art. 7, § 2, effective September 1, 2023.

Source: official Rhode Island text · Last verified 2026-08-27

Frequently Asked Questions About Rhode Island § 23-99-8

What does Rhode Island General Laws § 23-99-8 cover?

Section 23-99-8 ("The Rhode Island Life Science Hub 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 § 23-99-8?

A common citation format is "Rhode Island General Laws § 23-99-8" (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 § 23-99-8 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.