Rhode Island § 42-10-12 - Treasury Department
Full text of Rhode Island Rhode Island General Laws § 42-10-12 — Treasury Department, with citation guidance and answers to common questions.
§ 42-10-12. Treasury Department
R.I. Gen. Laws § 42-10-12
§ 42-10-12. Bond accounts — Bond capital fund.
(a) The general treasurer shall keep an account with each issue of the state bonds, in which account the state shall be charged with the amount of the bonds contained in that issue and in which the numbers of the bonds shall be set forth; and the state shall be credited with the payments made on account of those bonds, indicating by their numbers in the account the particular bonds on account of which the payments shall be made.
(b) Notwithstanding the provisions of any law relative to the issuance of specific bonds to the contrary, all separate bond funds in existence on May 10, 1977, shall be consolidated into one fund which shall be designated the “bond capital fund”. The general treasurer shall keep account of the amount of the funds in the “bond capital fund” attributable to the sale of all past and future bond issues.
History of Section.
G.L. 1896, ch. 33, § 8; G.L. 1909, ch. 43, § 8; G.L. 1923, ch. 44, § 8; G.L. 1938,
ch. 24, § 8; G.L. 1956, § 42-10-12; P.L. 1977, ch. 127, § 1.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 42-10-12
What does Rhode Island General Laws § 42-10-12 cover?
Section 42-10-12 ("Treasury Department") 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 § 42-10-12?
A common citation format is "Rhode Island General Laws § 42-10-12" (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 § 42-10-12 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.