§ 16-89-1 Short title
§ 16-89-2 Findings of fact
§ 16-89-3 Purpose
§ 16-89-4 Grants, gifts and donations – Acceptance and expenditure
§ 16-89-5 Grant, gifts and donation – Fiduciary responsibility of municipalities – Accounting
§ 16-89-6 Effect on annual municipal appropriation

Terms Used In Rhode Island General Laws > Chapter 16-89 - Uniform School District Grant, Gift and Donation Acceptance and Expenditure Act of 2009

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Donor: The person who makes a gift.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Grantor: The person who establishes a trust and places property into it.
  • person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6