Whenever the provisions of § 45-12-16 operate to repeal a limitation on the interest rate which may be paid on any issue of bonds or other evidences of indebtedness approved by the qualified voters of any city, town, or other political subdivision, no further approval of the issue of bonds or other evidences of indebtedness by the qualified voters shall be required, notwithstanding any provision of general or special law or charter.
R.I. Gen. Laws § 45-12-17
Debt previously approved
R.P.L. 1957, ch. 4, § 2; G.L. 1956, § 45-12-17; P.L. 1960, ch. 30, § 1; P.L. 1970, ch. 13, § 2.
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.