All moneys received pursuant to the provisions of this chapter, whether as proceeds from the issue of bonds or notes or as revenues or otherwise, shall be deemed to be trust funds to be held and applied solely as provided in this chapter.
R.I. Gen. Laws § 45-48.1-16
Moneys received deemed to be trust funds
P.L. 2003, ch. 270, § 1; P.L. 2003, ch. 364, § 1.
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.