The Rhode Island industrial-recreational building authority is authorized to insure the payment of mortgage loans secured by industrial-recreational projects, and to this end the faith and credit of the state is hereby pledged, consistent with the terms and limitations of the terms of this chapter.
R.I. Gen. Laws § 42-34-3
Credit of state pledged
P.L. 1958, ch. 91, § 4; P.L. 1987, ch. 537, § 3.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.