Rhode Island § 45-12-31 - Indebtedness of Towns and Cities
Full text of Rhode Island Rhode Island General Laws § 45-12-31 — Indebtedness of Towns and Cities, with citation guidance and answers to common questions.
§ 45-12-31. Indebtedness of Towns and Cities
R.I. Gen. Laws § 45-12-31
§ 45-12-31. Extinguishment of authorizations.
All or any portion of the authority to issue bonds pursuant to a resolution or ordinance passed by a city or town council or pursuant to a special act passed by the general assembly may be extinguished by ordinance of the city or town council, without further action by the general assembly, after seven (7) years have passed from the date the resolution, ordinance or special act was passed.
History of Section.
P.L. 2007, ch. 252, § 2; P.L. 2007, ch. 292, § 2.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 45-12-31
What does Rhode Island General Laws § 45-12-31 cover?
Section 45-12-31 ("Indebtedness of Towns and Cities") 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 § 45-12-31?
A common citation format is "Rhode Island General Laws § 45-12-31" (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 § 45-12-31 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.