Title 45
Towns and Cities

Chapter 41
Self Insuring Fund

R.I. Gen. Laws 45-41-2



 45-41-2.  Amount of fund.

Self insurance funds may be established to insure the assets and liabilities of a city or town, not otherwise insured, to the extent determined by the city or town councils; provided, that these funds not exceed five percent (5%) of the total assessed valuation of real estate and tangible personal property in the cities or towns.

History of Section.
P.L. 1971, ch. 216, 1.