Rhode Island General Laws 39-3-26. Charters amended to authorize approved transactions
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The charters of all corporations subject to regulation by the division are hereby amended to the extent necessary to authorize the carrying out of any agreement, merger, purchase, sale, or lease approved by the division as provided in § 39-3-24 and § 39-3-25.
History of Section.
G.L. 1923, ch. 253, § 63; P.L. 1936, ch. 2345, § 1; G.L. 1938, ch. 122, § 59; G.L. 1956, § 39-3-26; P.L. 1999, ch. 247, § 1.
Terms Used In Rhode Island General Laws 39-3-26
- Division: means the division of public utilities and carriers. See Rhode Island General Laws 39-1-2
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC