Rhode Island General Laws 8-15-4.1. Deposit of proceeds
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The state court administrator may receive the proceeds of any contract entered into by him or her for the sale, lease, or transfer of any computer hardware, software, or related services produced, maintained, or developed by the administrative office of state courts. Such proceeds shall be deposited as general revenues.
History of Section.
P.L. 1983, ch. 270, § 1; P.L. 1995, ch. 370, art. 40, § 39.
Terms Used In Rhode Island General Laws 8-15-4.1
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC