Rhode Island § 35-4-24 - State Funds
Full text of Rhode Island Rhode Island General Laws § 35-4-24 — State Funds, with citation guidance and answers to common questions.
§ 35-4-24. State Funds
R.I. Gen. Laws § 35-4-24
§ 35-4-24. Custodial funds received and held in trust by state agencies.
(a) State agencies which receive funds from wards of the state for the purposes of maintaining these funds in trust while the person is in the care of the state shall deposit these funds in the general fund.
(b) All funds received from patients, wards, inmates, or residents on a custodial or trust basis shall be turned over to the general treasurer and shall be placed in a custodial account within the general fund. The general treasurer will provide the agency with an estimate of earnings on these funds while held in the general fund, and the state controller shall transfer these earnings to the trust account. It will be the responsibility of the agency to determine the allocation of these earnings. The state controller, upon receipt by him or her of properly authenticated vouchers, is authorized to draw from time to time his or her orders upon the general treasurer for payment from these custodial accounts and the general treasurer is authorized and directed to make payments from these accounts upon receipt of the orders.
History of Section.
P.L. 1993, ch. 138, art. 5, § 2.
Frequently Asked Questions About Rhode Island § 35-4-24
What does Rhode Island General Laws § 35-4-24 cover?
Section 35-4-24 ("State Funds") 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 § 35-4-24?
A common citation format is "Rhode Island General Laws § 35-4-24" (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 § 35-4-24 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.