TITLE 45
Towns and Cities

CHAPTER 45-26
Town Housing Authorities

SECTION 45-26-9


§ 45-26-9. Loans or donations by towns.

Towns also have power from time to time to lend or donate money to town authorities or to agree to take that action. Any town authority, when it has the money available, shall make reimbursements for all loans made to it.

History of Section.
(G.L. 1938, ch. 344, § 34; P.L. 1950, ch. 2619, § 6; G.L. 1956, § 45-26-9.)