Rhode Island General Laws 42-64-7.7. Grant of powers to the corporation
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The Rhode Island commerce corporation is granted all of the powers necessary and convenient to perform the functions transferred to the Rhode Island commerce corporation pursuant to § 42-64-7.5 and § 42-64-7.6.
History of Section.
P.L. 1995, ch. 370, art. 12, § 7; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
Terms Used In Rhode Island General Laws 42-64-7.7
- 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.