§ 42-10.1-3 - Allocation of statewide financing limitation.
SECTION 42-10.1-3
§ 42-10.1-3 Allocation of statewidefinancing limitation. – The board is hereby authorized to allocate tax exempt bond issuance capacityamong all issuers in the state of Rhode Island, pursuant to 26 U.S.C. §103, 26 U.S.C. § 145, and any similar federal legislation heretofore orhereinafter enacted. The allocations of tax exempt bond issuance capacity shallbe pursuant to rules and regulations to be promulgated by the board inaccordance with the Administrative Procedures Act, chapter 35 of this title.