The corporation is authorized, created and established for the following purposes:

Terms Used In Rhode Island General Laws 37-18-4

  • 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.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

To manage and hold the real property acquired pursuant to the provisions of §§?37-18-6(d) and 37-18-7 for the benefit of the descendants of those individuals of Indian ancestry set forth in the list established pursuant to P.L. 1880, ch. 800, §?4.

History of Section.
P.L. 1979, ch. 116, § 4.