Rhode Island General Laws 27-25-12. Institutions
Current as of: 2024 | Check for updates
|
Other versions
A society may create, maintain and operate, or may establish organizations to operate, not for profit institutions to further the purposes permitted by § 27-25-5(a)(2)(i). Those institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement.
History of Section.
P.L. 1984, ch. 201, § 2.
Terms Used In Rhode Island General Laws 27-25-12
- Personal property: All property that is not real property.
- Society: means fraternal benefit society, unless otherwise indicated. See Rhode Island General Laws 27-25-4