Rhode Island General Laws 46-24-2. Pawtuxet River authority created
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A board to be known as the Pawtuxet River authority is hereby created. The board shall be a body corporate and politic, constituting a public benefit corporation, and shall serve as the governing body of the authority for the purposes of this chapter. The powers of the corporation shall be vested in and exercised by the majority of the members of the board hereby created and in office.
History of Section.
P.L. 1972, ch. 111, § 1.
Terms Used In Rhode Island General Laws 46-24-2
- 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.