Rhode Island General Laws 45-37.1-17. Chapter cumulative – No notice required
Neither this chapter nor anything contained in this section shall be construed as a restriction or limitation upon any powers which the Rhode Island industrial facilities corporation might otherwise have under any laws of this state, but shall be construed as cumulative of those powers. The preceding sections of this chapter are deemed to provide a complete, additional, and alternative method for the doing of the things authorized thereby, and shall be regarded as supplemental and additional to powers conferred by other laws; provided, that the issuance of all revenue bonds and notes under the provisions of this chapter need not comply with the requirements of any other law applicable to the issuance of bonds or notes, including, particularly, title 6A, and contracts for the construction and acquisition of any project undertaken pursuant to this chapter need not comply with the provisions of title 37. No proceedings, notice, or approval are required for the issuance of any bonds or notes or any instrument as security therefor, except as is provided in this chapter.
History of Section.
P.L. 1967, ch. 11, § 1; P.L. 1980, ch. 229, § 12.
Terms Used In Rhode Island General Laws 45-37.1-17
- 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
- State: means the state of Rhode Island. See Rhode Island General Laws 45-37.1-3