§ 45-12-31. Extinguishment of authorizations.
All or any portion of the authority to issue bonds pursuant to a resolution or ordinance passed by a city or town council or pursuant to a special act passed by the general assembly may be extinguished by ordinance of the city or town council, without further action by the general assembly, after seven (7) years have passed from the date the resolution, ordinance or special act was passed.
History of Section.
P.L. 2007, ch. 252, § 2; P.L. 2007, ch. 292, § 2.