Rhode Island § 42-133-9 - Tobacco Settlement Financing Corporation Act
Full text of Rhode Island Rhode Island General Laws § 42-133-9 — Tobacco Settlement Financing Corporation Act, with citation guidance and answers to common questions.
§ 42-133-9. Tobacco Settlement Financing Corporation Act
R.I. Gen. Laws § 42-133-9
§ 42-133-9. Trust funds.
All money received pursuant to the authority of this chapter, whether as provided from the sale of bonds or state’s tobacco receipts purchased by the corporation, or investment income, shall be trust funds to be held and applied solely as provided in the proceedings under which the bonds of the corporation are authorized. Any officer with whom, or any bank or trust company with which monies shall be deposited as trustee, shall hold and apply the trust funds for the purposes for which the bonds are authorized, subject to the applicable provisions of this chapter, the proceedings authorizing the bonds, and the trust agreement securing the bonds, if any.
History of Section.
P.L. 2002, ch. 65, art. 8, § 1.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 42-133-9
What does Rhode Island General Laws § 42-133-9 cover?
Section 42-133-9 ("Tobacco Settlement Financing Corporation 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 § 42-133-9?
A common citation format is "Rhode Island General Laws § 42-133-9" (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 § 42-133-9 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.