Rhode Island General Laws 45-37.1-1. Declaration of policy
It is declared that there is a need for the further development of industrial and recreational facilities within the state, a need to induce, encourage, and facilitate industrial development by the expansion of railroad transportation facilities and otherwise, and there is a need for the abatement or control of pollution of the environment of the state, which is necessary to protect the health and welfare of the citizens of the state, to protect the natural resources of the state, and to encourage the economic development of the state, to promote the expansion and diversification of recreational facilities, and a need to confer additional powers on the Rhode Island industrial facilities corporation that will assure the successful completion of industrial and recreational undertakings, initiated by that corporation, so as to serve the public interests of all the citizens of the state.
History of Section.
P.L. 1967, ch. 11, § 1; P.L. 1971, ch. 255, § 1; P.L. 1973, ch. 195, § 1; P.L. 1981, ch. 419, § 2.
Terms Used In Rhode Island General Laws 45-37.1-1
- 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.
- Corporation: means the Rhode Island industrial facilities corporation, created and established as a nonbusiness corporation under and pursuant to chapter 6 of Title 7, as amended, and constituted and established as a public body corporate and agency of the state by § 45-37. See Rhode Island General Laws 45-37.1-3
- State: means the state of Rhode Island. See Rhode Island General Laws 45-37.1-3