Rhode Island General Laws 39-10-1. Corporations required to comply with chapter
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No corporation unless incorporated by the general assembly, and no person or partnership unless the person or partnership or the members of the partnership are residents of this state, shall transport or engage in the transportation of any goods, wares, merchandise, or parcels of any description within this state until the corporation, person, or partnership shall have complied with the provisions of this chapter.
History of Section.
G.L. 1896, ch. 160, § 1; G.L. 1909, ch. 189, § 1; G.L. 1923, ch. 217, § 1; G.L. 1938, ch. 391, § 1; G.L. 1956, § 39-10-1.
Terms Used In Rhode Island General Laws 39-10-1
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6