§ 16-4-1. Custody and investment of fund. The general treasurer with the advice of the governor shall have full power to regulate the custody and safekeeping of the permanent fund for the support of public schools, and, subject to the provisions of chapter 10 of title 35, shall keep the fund securely invested in bonds […]
§ 16-4-2. Duties paid by auctioneers. The money that shall be paid into the state treasury by auctioneers, for duties accruing to the use of the state, is appropriated, and the money shall annually be added to the school fund. History of Section.G.L. 1896, ch. 30, § 2; G.L. 1909, ch. 40, § 2; G.L. […]
§ 16-4-3. State funds forfeited by cities or towns. Whenever any money appropriated to any city or town from the state treasury, for the support of its public schools shall have been forfeited by the city or town, the money shall be added to the school fund, and shall forever remain a part of the […]
§ 16-4-4. Repealed. History of Section.G.L. 1896, ch. 30, § 4; G.L. 1909, ch. 40, § 4; P.L. 1922, ch. 2234, § 2; G.L. 1923, ch. 41, § 4; G.L. 1938, ch. 194, § 4; G.L. 1956, § 16-4-4; Repealed by P.L. 1986, ch. 287, art. 12, § 3, effective June 24, 1986.
§ 16-4-5. Use of fund and income — Unexpended funds. The income from the fund is appropriated to be used for the promotion and support of public education. The board of regents for elementary and secondary education may adopt rules and regulations for the expenditure of these funds. In expending the income the board shall […]
§ 16-4-6. Additions to the fund. (a) The general assembly shall review the adequacy of the permanent school fund on a regular basis and may make any appropriations to carry out the purposes of this chapter as it deems necessary. In addition, the board of regents for elementary and secondary education is authorized to accept […]
