§ 45-41-3 - Payment to and from fund. - Rhode Island Statutes

SECTION 45-41-3

   § 45-41-3  Payment to and from fund. –The self insurance funds shall be used by the cities or towns as nonlapsing,revolving funds for carrying out the provisions of this chapter. To these fundsmay be charged any and all expenses of a city or town relating to the insuranceof its assets and liabilities not otherwise insured, the expenses having beenadjudged against the city or town by due process of law or deemed valid claimsby the city or town council sitting as a "claim board", and to this fund shallbe credited all receipts of moneys as may have been adjudged in the favor ofthe city or town by due process of law.