reglab/housing_qa huggingface dataset:
RI Gen L § 35-13-6 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-13 - Registered Public Obligations|Section 35-13-6 - Signatures.

§ 35-13-6. Signatures.(a) Any certificated registered public obligation signed by the authorized officers at the time of the signing thereof shall remain valid and binding, notwithstanding that before the issuance thereof any or all of the officers shall have ceased to fill their respective offices.(b) Any authorized officer empowered to sign any certificated registered public obligation may adopt as and for the signature of the officer the signature of a predecessor in office in the event that the predecessor's signature appears on the certificated registered public obligation. An authorized officer incurs no liability by the adopting of a predecessor's signature that would not be incurred by the authorized officer if the signature were that of the authorized officer.History of Section.P.L. 1983, ch. 267, § 1.
RI Gen L § 35-13-7 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-13 - Registered Public Obligations|Section 35-13-7 - Seal.

§ 35-13-7. Seal.When a seal is required or permitted in the execution of any certificated registered public obligation, an authorized officer may cause the seal to be printed, engraved, stamped, or otherwise placed in facsimile on the obligation. The facsimile seal has the same legal effect as the impression of the seal.History of Section.P.L. 1983, ch. 267, § 1.
RI Gen L § 35-13-8 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-13 - Registered Public Obligations|Section 35-13-8 - Agents - Depositories.

§ 35-13-8. Agents — Depositories.(a) An issuer may appoint for such term as may be agreed, including for so long as a registered public obligation may be outstanding, corporate or other authenticating agents, transfer agents, registrars, or paying or other agents and specify the terms of their appointment, including their rights, compensation and duties, limits upon their liabilities, and provision for their payment of liquidated damages in the event of breach of certain of the duties imposed, which liquidated damages may be made payable to the issuer, the owner, or a financial intermediary. None of these agents need have an office or do business within this state.(b) An issuer may agree with custodian banks and financial intermediaries, and nominees of any of them, in connection with the establishment and maintenance by others of a central depository system for the transfer or pledge of registered public obligations. The custodian banks and financial intermediaries, and nominees, may, if qualified and acting as fiduciaries, also serve as authenticating agents, transfer agents, registrars, or paying or other agents of the issuer with respect to the same issue of registered public obligations.(c) Nothing shall preclude the issuer from itself performing, either alone or jointly with other issuers, any transfer, registration, authentication, payment, or other function described in this section.History of Section.P.L. 1983, ch. 267, § 1.
RI Gen L § 35-13-9 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-13 - Registered Public Obligations|Section 35-13-9 - Costs - Collection.

§ 35-13-9. Costs — Collection.(a) An issuer, prior to or at original issuance of registered public obligations, may provide as a part of a system of registration that the transferor or transferee of the registered public obligations pay all or a designated part of the costs of the system as a condition precedent to transfer, that costs be paid out of proceeds of the registered public obligations, or that both methods be used. The portion of the costs of the system not provided to be paid for by the transferor or transferee or out of proceeds shall be the liability of the issuer.(b) The issuer may as a part of a system of registration provide for reimbursement or for satisfaction of its liability by payment by others. The issuer may enter into agreements with others respecting reimbursement or payment, may establish fees and charges pursuant to these agreements or otherwise, and may provide that the amount or estimated amount of the fees and charges shall be reimbursed or paid from the same sources and by means of the same collection and enforcement procedures and with the same priority and effect as with respect to the obligations.History of Section.P.L. 1983, ch. 267, § 1.
RI Gen L § 35-13-10 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-13 - Registered Public Obligations|Section 35-13-10 - Security for deposits.

§ 35-13-10. Security for deposits.Obligations issued by public entities under the laws of one or more states, territories, possessions, or the District of Columbia, which are in registered form, whether or not represented by an instrument, and which, except for their form, satisfy the requirements with regard to security for deposits of moneys of public agencies prescribed pursuant to any law of this state, shall be deemed to satisfy all the requirements even though they are in registered form if a security interest in the obligations is perfected on behalf of the public agencies whose moneys are so deposited.History of Section.P.L. 1983, ch. 267, § 1.
RI Gen L § 35-13-11 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-13 - Registered Public Obligations|Section 35-13-11 - Public records - Locations.

§ 35-13-11. Public records — Locations.(a) Records, with regard to the ownership of or security interests in registered public obligations, are not subject to inspection or copying under any law of this state relating to the right of the public to inspect or copy public records, notwithstanding any law to the contrary.(b) Registration records of the issuer may be maintained at such locations within or without this state as the issuer shall determine.History of Section.P.L. 1983, ch. 267, § 1.
RI Gen L § 35-13-12 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-13 - Registered Public Obligations|Section 35-13-12 - Applicability of chapter.

§ 35-13-12. Applicability of chapter.(a) Unless at any time prior to or at original issuance of a registered public obligation the official or official body of the issuer determines otherwise, this chapter shall be applicable to that registered public obligation notwithstanding any provision of law to the contrary. When this chapter is applicable, no contrary provision shall apply.(b) Nothing in this chapter limits or prevents the issuance of obligations in any other form or manner authorized by law.(c) Unless determined otherwise pursuant to subsection (a), the provisions of this chapter shall be applicable with respect to obligations which have, prior to May 18, 1983, been approved by vote, referendum, or hearing, authorizing or permitting the authorization of obligations in bearer and registered form, or in bearer form only, and these obligations need not be resubmitted for a further vote, referendum, or hearing, for the purpose of authorizing or permitting the authorization of registered public obligations pursuant to this chapter.History of Section.P.L. 1983, ch. 267, § 1.
RI Gen L § 35-13-13 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-13 - Registered Public Obligations|Section 35-13-13 - Construction.

§ 35-13-13. Construction.This chapter shall be construed in conjunction with the Uniform Commercial Code, title 6A, and the principles of contract law relative to the registration and transfer of obligations.History of Section.P.L. 1983, ch. 267, § 1.
RI Gen L § 35-13-14 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-13 - Registered Public Obligations|Section 35-13-14 - Amendment or repeal.

§ 35-13-14. Amendment or repeal.The state hereby covenants with the owners of any registered public obligations that it will not amend or repeal this chapter if the effect may be to impair the exemption from income taxation of interest on registered public obligations.History of Section.P.L. 1983, ch. 267, § 1.
RI Gen L § 35-13-15 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-13 - Registered Public Obligations|Section 35-13-15 - Severability.

§ 35-13-15. Severability.If any provision or the application of any provision of this chapter shall be invalid, this shall not affect the validity of other provisions or other applications, it hereby being declared that the provisions or the applications of this chapter are separable and this chapter would have been enacted with the invalid provision omitted or without the invalid application in any event.History of Section.P.L. 1983, ch. 267, § 1.
RI Gen L § 35-14-1 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-14 - Financial Integrity and Accountability|Section 35-14-1 - Short title.

§ 35-14-1. Short title.This chapter shall be known and may be cited as the "Financial Integrity and Accountability Act of 1986."History of Section.P.L. 1986, ch. 287, § 1.
RI Gen L § 35-14-2 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-14 - Financial Integrity and Accountability|Section 35-14-2 - Policy.

§ 35-14-2. Policy.(a) The legislature hereby finds that:(1) Fraud and errors in state programs are more likely to occur from a lack of sufficient internal control structures at state agencies;(2) Effective internal control structures provide the basic foundation upon which public accountability must be built;(3) An entity's system of internal control structures consists of policies and procedures designed to provide management with reasonable assurance that the agency achieves its objectives and goals including:(i) Reliability of financial reporting;(ii) Compliance with applicable laws and regulations; and(iii) Effectiveness and efficiency of operations.(4) Internal control structures are necessarily dynamic and must be continuously evaluated and, where necessary, improved; and(5) Reports addressing the adequacy of the internal control structure of each state agency are necessary to enable the executive branch, the legislature, and the public to evaluate the agency's performance of its public responsibilities and accountability.(b) The legislature declares that:(1) The management of each state agency is responsible for establishing and maintaining an adequate internal control structure and policies and procedures for financial reporting;(2) Each state agency shall perform an assessment and produce a report on the effectiveness of the internal control structure and procedures for financial reporting and, when detected, weaknesses must be promptly corrected; and(3) All levels of management of the state agencies must be involved in assessing and strengthening the systems of internal control structures to minimize fraud, errors, abuse, and waste of government funds.History of Section.P.L. 1986, ch. 287, § 1; P.L. 2015, ch. 165, § 1; P.L. 2015, ch. 196, § 1.
RI Gen L § 35-14-3 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-14 - Financial Integrity and Accountability|Section 35-14-3 - Agency responsibilities.

§ 35-14-3. Agency responsibilities.State agency heads are responsible for the establishment and maintenance of a system or systems of internal accounting and administrative control within their agencies. This responsibility includes:(1) Documenting the system;(2) Communicating system requirements to employees; and(3) Assuring that the system is functioning as prescribed and is modified, as appropriate, for changes in conditions.History of Section.P.L. 1986, ch. 287, § 1.
RI Gen L § 35-14-4 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-14 - Financial Integrity and Accountability|Section 35-14-4 - Internal accounting controls.

§ 35-14-4. Internal accounting controls.(a) Internal accounting and administrative controls are the methods through which reasonable assurances can be given that measures adopted by state agency heads to safeguard assets, check the accuracy and reliability of accounting data, promote operational efficiency, and encourage adherence to prescribed managerial policies are being followed. The elements of a satisfactory system of internal accounting and administrative control shall include, but are not limited to, the following:(1) A plan of organization that provides segregation of duties appropriate for proper safeguarding of state agency assets;(2) A plan that limits access to state agency assets to authorized personnel who require these assets in the performance of their assigned duties;(3) A system of authorization and recordkeeping procedures adequate to provide effective accounting control over assets, liabilities, revenues, and expenditures;(4) An established system of practices to be followed in performance of duties and functions in each of the state agencies;(5) Personnel of a quality commensurate with their responsibilities; and(6) An effective system of internal review.(b) State agency heads shall follow these standards of internal accounting and administrative control in carrying out the requirements of this chapter.History of Section.P.L. 1986, ch. 287, § 1.
RI Gen L § 35-14-5 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-14 - Financial Integrity and Accountability|Section 35-14-5 - Definitions.

§ 35-14-5. Definitions.As used in this chapter:(1) "Controller" means the state controller.(2) "Director" means the director of administration.(3) "Governor" means the governor of Rhode Island.History of Section.P.L. 1986, ch. 287, § 1.
RI Gen L § 35-14-6 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-14 - Financial Integrity and Accountability|Section 35-14-6 - Annual report.

§ 35-14-6. Annual report.(a) To ensure that the requirements of this chapter are fully complied with, the head of each agency shall prepare and submit a report on the adequacy of the agency's systems of internal accounting and administrative control by December 31 of each year.(b) The report, including the state agency's response to report recommendations, shall be signed by the head of the agency and addressed to the governor. Copies of the reports shall be forwarded to the legislature, the auditor general, and the director. Copies of these reports shall also be forwarded to the state library, where they shall be available for public inspection.(c) By January 1, 1987, the director, in consultation with the auditor general and the controller, shall establish a system of reporting and a general framework to guide the agencies in performing evaluations on their systems of internal accounting and administrative control. The director, in consultation with the auditor general and the controller, may modify the format for the report or the framework for conducting the evaluations from time to time as deemed necessary.(d) Any material inadequacy or material weakness in an agency's systems of internal accounting and administrative control which prevents the head of the agency from stating that the agency's systems of internal accounting and administrative control provided reasonable assurances that each of the objectives specified in § 35-14-4 was achieved shall be identified and the plans and schedule for correcting the inadequacy described in detail.History of Section.P.L. 1986, ch. 287, § 1.
RI Gen L § 35-15-1 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-15 - Savings Bond Program|Section 35-15-1 - Legislative findings.

§ 35-15-1. Legislative findings.It is declared that, for the benefit of the people of the state, the conduct and increase of their commerce, the protection and enhancement of their welfare, the development of continued prosperity, and the improvement of their health and living conditions, it is essential that this and future generations be given the fullest opportunity to learn and to develop their intellectual skills and be given the fullest access to affordable housing. In order to achieve these ends it is important that Rhode Island citizens be provided with an investment opportunity to enhance their financial access to institutions of higher education and access to housing within this state. It is the intent of the general assembly to provide the people of the state with an alternative method of saving for the purpose of encouraging enrollment in institutions of higher education and for the purpose of encouraging the purchase of residential dwellings within the state.History of Section.P.L. 1988, ch. 426, § 1; P.L. 1990, ch. 54, § 1.
RI Gen L § 35-15-3 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-15 - Savings Bond Program|Section 35-15-3 - Creation and duties of advisory board.

§ 35-15-3. Creation and duties of advisory board.(a) The state of Rhode Island savings bond advisory board is hereby created and established to perform the duties and exercise the powers listed in this section. Pursuant to the powers delegated to the department of the treasury, the department shall have the responsibility for supervising, organizing, and evaluating the advisory board and the savings bond program. The advisory board shall consist of the general treasurer, the commissioner of higher education, the director of administration, and the executive director of the Rhode Island housing and mortgage finance corporation or their respective designees, and four (4) additional members to be appointed as follows: the governor, the lieutenant governor, the president of the senate, and the speaker of the house of representatives shall each appoint one member. The governor, the lieutenant governor, president of the senate, and the speaker of the house of representatives shall select members on the basis of their knowledge, skill, and experience in the fields of business, education, housing, or finance. The general treasurer shall serve as chairperson of the advisory board, and the advisory board shall elect one of its members as vice-chairperson and another as secretary-treasurer. The appointed members of the advisory board first appointed shall serve for terms expiring on June 30, 1991, or until their successors have been appointed and have qualified. Following this determination, each member shall swear or solemnly affirm to administer the duties of office faithfully and impartially, indicating by date when the term of the member shall expire. Upon the expiration of the term of any appointed member, the successor member shall be appointed for a term of three (3) years or until a successor has been appointed and has qualified. Any vacancy shall be filled in the manner of the original appointment for the remainder of the unexpired term. The members shall receive no compensation for the performance of their duties, but each member shall be reimbursed for reasonable expenses incurred in carrying out and performing their duties under this chapter.(b) The advisory board shall have the following responsibilities and duties:(1) To implement the Rhode Island savings bond program;(2) To the extent permitted by federal and state laws, to develop and conduct marketing and advertising campaigns for the savings bonds and other instruments;(3) To make recommendations to the governor, the general treasurer, and the budget office regarding the terms and conditions of the offering of savings bonds, including methods by which the offering may be conducted;(4) To advise the governor, the general treasurer, and the department of administration regarding minimum denominations, maturity dates, and increments of the savings bonds; and(5) To make reports to the general assembly annually.History of Section.P.L. 1988, ch. 426, § 1; P.L. 1990, ch. 54, § 1; P.L. 2001, ch. 180, § 73.
RI Gen L § 35-15-4 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-15 - Savings Bond Program|Section 35-15-4 - Issuance and sales of savings bonds.

§ 35-15-4. Issuance and sales of savings bonds.In order to provide the people of the state: (1) with access to institutions of higher education; and (2) the financial means to purchase residential housing; there shall be issued with all bonds of the state, authorized by the provisions of the general obligation bond acts, savings bonds in such amounts as determined by the general treasurer with the approval of the governor. Bonds to be issued and sold as savings bonds shall be designated by the governor and the general treasurer as "general obligation savings bonds" in the proceedings authorizing the issuance of the bonds, and shall be subject to all of the terms and provisions of the general obligation bond acts, except as provided in §§ 35-15-5 and 35-15-6 and except that savings bonds may bear interest payable at such time or times, and may be sold in such a manner, and as may be determined by the governor and the general treasurer. Savings bonds may be sold at a negotiated sale if the governor and general treasurer determine that a negotiated sale will result in either a more efficient and economic sale of the savings bonds or greater access to the savings bonds by residents in the state. If any savings bonds are sold at a negotiated sale, the underwriter or underwriters to which the bonds are sold shall, in the judgment of the general treasurer, have sufficient capability to make a broad distribution of the bonds to investors resident in the state. The aggregate original principal amount of the bonds will be the sole and exclusive test for determining whether general obligation bonds have been issued in the amounts approved by the vote of the people in the general obligation bond acts. In making these determinations, the interest component of the savings bonds shall be disregarded.History of Section.P.L. 1988, ch. 426, § 1; P.L. 1990, ch. 54, § 1; P.L. 1992, ch. 209, § 1.
RI Gen L § 35-15-5 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-15 - Savings Bond Program|Section 35-15-5 - Security for savings bonds.

§ 35-15-5. Security for savings bonds.Any savings bonds issued pursuant to this chapter shall be direct, general obligations of the state and subject to repayment as provided in the general obligation bond acts; provided, that in the proceedings of the governor and the general treasurer authorizing the issuance of the bonds, those officials may covenant on behalf of the state with or for the benefit of the holders of the bonds as to all matters deemed advisable by those officials, including the terms and conditions for creating and maintaining sinking funds, reserve funds, and such other special funds as may be created in those proceedings, separate and apart from all other funds and accounts of the state, and those officials may make such other covenants as may be deemed necessary or desirable to assure the prompt payment of the principal of and interest on those bonds when due.History of Section.P.L. 1988, ch. 426, § 1; P.L. 1990, ch. 54, § 1.
RI Gen L § 35-15-6 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-15 - Savings Bond Program|Section 35-15-6 - Authorization of additional terms.

§ 35-15-6. Authorization of additional terms.Notwithstanding any contrary provision of any general obligation bond act, the general treasurer, with the approval of the governor, is authorized and empowered to issue bonds in serial or term form in the name of and on behalf of the state, in amounts that will raise usable bond proceeds in an amount equal to the total amount for the projects authorized by the general obligation bond acts as has been approved by vote of the people.History of Section.P.L. 1988, ch. 426, § 1.