Title 42
State Affairs and Government

Chapter 113
Rhode Island Housing and Conservation Trust Fund Act

R.I. Gen. Laws § 42-113-9

§ 42-113-9. Stewardship.

If an activity funded by the board involves acquisition by the state of an interest in real property for the purpose of conserving and protecting important natural areas, recreational lands, or agricultural land, the board, in its discretion may make a one-time grant to the appropriate state agency or municipality. The grant shall not exceed ten percent (10%) of the current appraised value of that property interest and shall be used to support its proper management or maintenance or both.

History of Section.
P.L. 1990, ch. 347, § 1.