§ 16-17.2-1 Compact

Terms Used In Rhode Island General Laws > Chapter 16-17.2 - Compact for Pension Portability for Educators

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Statute: A law passed by a legislature.
  • United States: include the several states and the territories of the United States. See Rhode Island General Laws 43-3-8