Rhode Island General Laws 39-16-7. Business prohibited to members
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No member of the authority shall directly or indirectly engage in any contract or agreement for labor or for the supply of materials for construction or reconstruction of the physical assets of the authority or replacements or additions thereto.
History of Section.
P.L. 1946, ch. 1740, § 1; P.L. 1955, ch. 3592, § 1; G.L. 1956, § 39-16-7.
Terms Used In Rhode Island General Laws 39-16-7
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Authority: means the corporation created by § 39-16-3. See Rhode Island General Laws 39-16-1
- Contract: A legal written agreement that becomes binding when signed.