Rhode Island General Laws 45-57-1. Creation – Corporate powers
(a) There is hereby created a special preservation and management district to be known as the Winnisimet Farm Road District.
Terms Used In Rhode Island General Laws 45-57-1
- 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.
- seal: shall be construed to include an impression of the seal made with or without the use of wax or wafer on the paper. See Rhode Island General Laws 43-3-15
- town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9
- Winnisimet Farm Association: means that neighborhood association previously incorporated under the laws of this state as a nonprofit corporation, which corporation owns the common properties and roads within the district. See Rhode Island General Laws 45-57-1
(b) The district consists of those lots of record listed on the town of Tiverton tax assessor’s plat map 1-7 Block 179, including cards numbered:
1 ?1a ?2 ?2a ?3 ?3a ?3b ?4 ?4a ?5 ?6 ?7 ?7a ?8 ?8a ?9 ?9a ?10 ?10a ?11a ?11b ?12 ?12a ?13 ?13a ?14 ?14a ?15 ?15a ?16 ?16a ?17 ?17a 20 ?26 ?27 ?28 ?29 ?30 ?32 ?33 ?34 ?35 ?36 37 ?38 ?39 ?40 ?41 ?42 ?43 ?44 ?45 ?46 ?47 48 ?50 ?52 ?53 ?54 ?55 ?56 ?57 ?58 ?59 ?60 61 ?62 ?63 ?64 ?65 ?66 ?67 ?67a ?68 ?69 ?70 71 ?72 ?73 ?74 ?74a
(c) The district includes privately owned lots as well as common properties owned by the Winnisimet Farm Association, including ponds, beach accesses, open land and streets and associated improvements, to wit, Hamilton Circle, Indian Point Road, Penny Pond Road, Winnisimet Drive, Arrowhead Drive and Sachem Road.
(d) Lots owned by the Winnisimet Farm Association as common property are not lots of record for purposes of voting rights or assessments.
(e) Should any lots be created for future individual ownership, either from common property owned by the Winnisimet Farm Association, or from privately owned property, such newly created lots will be lots of record under the provisions of this act, with future owners incurring all rights and obligations of this chapter.
(f) As used in this chapter, the term “Winnisimet Farm Association” means that neighborhood association previously incorporated under the laws of this state as a nonprofit corporation, which corporation owns the common properties and roads within the district.
(g) The district may have a common seal, sue and be sued, and enjoy the powers generally incident to corporations.
History of Section.
P.L. 1999, ch. 79, § 2.