Rhode Island General Laws 7-1-13. Legislative control of future charters
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The charter or articles of association of every corporation subsequently created may be amended or repealed at the will of the general assembly.
History of Section.
P.L. 1920, ch. 1925, § 79; G.L. 1923, ch. 248, § 79; G.L. 1938, ch. 116, § 79; G.L. 1956, § 7-1-13.
Terms Used In Rhode Island General Laws 7-1-13
- 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.