Rhode Island § 42-113-5 - Rhode Island Housing and Conservation Trust Fund Act
Full text of Rhode Island Rhode Island General Laws § 42-113-5 — Rhode Island Housing and Conservation Trust Fund Act, with citation guidance and answers to common questions.
§ 42-113-5. Rhode Island Housing and Conservation Trust Fund Act
R.I. Gen. Laws § 42-113-5
§ 42-113-5. Creation of Rhode Island housing and conservation trust fund.
(a) There is created a special account distributed by the Rhode Island infrastructure bank and administered by the housing and conservation board to be known as the “Rhode Island housing and conservation trust fund.” The fund shall be administered by the board and expenditures from the fund shall be made only to implement and effectuate the policies and purposes of this chapter. The board is authorized to accept any federal funding, private grant, devise, bequest, donation, gift, loan, or assignment of money, bonds, or other valuable securities for deposit in and credit of the Rhode Island housing and conservation trust fund.
(b) Unexpended balances and any earnings shall not revert to the general fund but shall remain in the designated account created by the Rhode Island infrastructure bank for use in accord with the purposes of this chapter.
(c) The members of the board shall be appointed upon December 31, 2026.
History of Section.
P.L. 1990, ch. 347, § 1; P.L. 1993, ch. 422, § 17; P.L. 1994, ch. 14, § 17; P.L. 1994,
ch. 80, § 1; P.L. 2025, ch. 71, § 1, effective June 17, 2025; P.L. 2025, ch. 72, §
1, effective June 17, 2025.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 42-113-5
What does Rhode Island General Laws § 42-113-5 cover?
Section 42-113-5 ("Rhode Island Housing and Conservation Trust Fund 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 § 42-113-5?
A common citation format is "Rhode Island General Laws § 42-113-5" (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 § 42-113-5 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.