Rhode Island § 42-34-13 - Industrial-Recreational Building Authority

Full text of Rhode Island Rhode Island General Laws § 42-34-13 — Industrial-Recreational Building Authority, with citation guidance and answers to common questions.

§ 42-34-13. Industrial-Recreational Building Authority

R.I. Gen. Laws § 42-34-13

§ 42-34-13. Mortgages eligible for investment.

Mortgages insured by the authority under this chapter and participations therein are hereby made legal investments for all public officers and bodies of this state and all municipalities and municipal subdivisions, all insurance companies and associations, and other persons carrying on an insurance business, all banks, bankers, trust companies, savings banks and savings associations, including savings and loan associations, building and loan associations, investment companies and other persons carrying on a banking business, all credit unions, all administrators, guardians, executors, trustees, conservators, and other fiduciaries, pension, profit-sharing, and retirement funds, and all other persons whatsoever who are now or may hereafter be authorized to invest in obligations of the state, may properly and legally invest funds, including capital, in their control or belonging to them.

History of Section.
P.L. 1958, ch. 91, § 14; P.L. 1977, ch. 78, § 9.

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

Frequently Asked Questions About Rhode Island § 42-34-13

What does Rhode Island General Laws § 42-34-13 cover?

Section 42-34-13 ("Industrial-Recreational Building Authority") 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 § 42-34-13?

A common citation format is "Rhode Island General Laws § 42-34-13" (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 § 42-34-13 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.