Rhode Island § 45-27-2 - Housing Authority Bonds and Obligations
Full text of Rhode Island Rhode Island General Laws § 45-27-2 — Housing Authority Bonds and Obligations, with citation guidance and answers to common questions.
§ 45-27-2. Housing Authority Bonds and Obligations
R.I. Gen. Laws § 45-27-2
§ 45-27-2. Liability on bonds — Statutory limitations inapplicable.
Neither the commissioners of the authority nor any person executing the bonds is personally liable on the bonds by reason of their issuance. The bonds and other obligations of the authority (and the bonds and obligations shall so state on their face) are not a debt of the city, the county, the state, or any political subdivision thereof, and neither the city or the county, nor the state or any political subdivision thereof, are liable thereon, nor in any event are the bonds or obligations payable out of any funds or properties other than those of the authority. The bonds do not constitute an indebtedness within the meaning of any constitutional, statutory, or charter debt limitation or restriction. Bonds may be issued under this chapter notwithstanding any debt or other limitation prescribed by any statute.
History of Section.
P.L. 1935, ch. 2255, § 13; G.L. 1938, ch. 344, § 13; P.L. 1939, ch. 726, § 2; G.L.
1956, § 45-27-2.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 45-27-2
What does Rhode Island General Laws § 45-27-2 cover?
Section 45-27-2 ("Housing Authority Bonds and Obligations") 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 § 45-27-2?
A common citation format is "Rhode Island General Laws § 45-27-2" (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 § 45-27-2 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.