§ 13-7-15 - Business operations and budget. - Rhode-island Statutes

State Codes and Statutes

Statutes > Rhode-island > Title-13 > Chapter-13-7 > 13-7-15

SECTION 13-7-15

§ 13-7-15 Business operations and budget.– Correctional industries shall maintain an accurate and timely accounting ofmonies received from the sale of products or services of committed offenders.Monies accredited into the correctional industries fund shall be used for thepurchase of materials, supervision, and other requirements necessary to supportthe production of goods and services. All expenditures from the correctionalindustry fund shall be subject to the approval of the director of correctionsor his or her designee, who may employ those funds to defray all operatingexpenses. All net profits for the fiscal year shall be reinvested into thecorrectional industries fund to support capital purchases, and the generalexpansion and development of correctional industries. All additional profitswill revert to the general treasury.

State Codes and Statutes

Statutes > Rhode-island > Title-13 > Chapter-13-7 > 13-7-15

SECTION 13-7-15

§ 13-7-15 Business operations and budget.– Correctional industries shall maintain an accurate and timely accounting ofmonies received from the sale of products or services of committed offenders.Monies accredited into the correctional industries fund shall be used for thepurchase of materials, supervision, and other requirements necessary to supportthe production of goods and services. All expenditures from the correctionalindustry fund shall be subject to the approval of the director of correctionsor his or her designee, who may employ those funds to defray all operatingexpenses. All net profits for the fiscal year shall be reinvested into thecorrectional industries fund to support capital purchases, and the generalexpansion and development of correctional industries. All additional profitswill revert to the general treasury.

State Codes and Statutes

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State Codes and Statutes

Statutes > Rhode-island > Title-13 > Chapter-13-7 > 13-7-15

SECTION 13-7-15

§ 13-7-15 Business operations and budget.– Correctional industries shall maintain an accurate and timely accounting ofmonies received from the sale of products or services of committed offenders.Monies accredited into the correctional industries fund shall be used for thepurchase of materials, supervision, and other requirements necessary to supportthe production of goods and services. All expenditures from the correctionalindustry fund shall be subject to the approval of the director of correctionsor his or her designee, who may employ those funds to defray all operatingexpenses. All net profits for the fiscal year shall be reinvested into thecorrectional industries fund to support capital purchases, and the generalexpansion and development of correctional industries. All additional profitswill revert to the general treasury.