In order to secure the payment to the general treasurer of the sums required to be paid under this chapter by agencies of the state and to provide a guaranty of payment thereof similar to the guaranty provided for payments by a city or town, the general treasurer may require from any agency of the state reasonable assurance of payment to the state of the sums to be paid under this chapter during annual periods by guaranty, bond, or similar assurance satisfactory to the general treasurer.
‹ Prev All Rhode Island sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.