Rhode Island General Laws 45-37.1-14. No authority to operate as a business
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The corporation does not have the power to operate any project owned by it as a business or in any other manner, except as the lessor of a project.
History of Section.
P.L. 1967, ch. 11, § 1.
Terms Used In Rhode Island General Laws 45-37.1-14
- Project: means any land and any building or other improvement, and all real and personal properties, including, but not limited to, machinery and equipment, or any interest in them, whether or not now in existence or under construction, which are suitable for use for manufacturing, warehousing, or other industrial or commercial purposes, or suitable for pollution abatement or control, for the reconstruction, modernization, or modification of existing industrial plants for the abatement or control of industrial pollution or suitable for solid waste disposal, or for any combination of these purposes, including working capital, but does not include raw materials, work in process, or stock in trade. See Rhode Island General Laws 45-37.1-3