Terms Used In Rhode Island General Laws > Chapter 5-43 - Instruction in Jiu-Jitsu or Karate

• 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.
• Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
• Person: means any natural person, company, corporation, partnership, or any type of business entity. See Rhode Island General Laws 42-117-3
• Project of critical economic concern: means an undertaking designated by the economic development corporation to be significant, in its operational stage, by its ability to enhance, promote and encourage business, commerce, and industry in Rhode Island and to stimulate jobs and relieve underemployment and unemployment in Rhode Island. See Rhode Island General Laws 42-117-3
• State agency: means any office, department, board, commission, bureau, division, authority, public corporation, agency, or instrumentality of the state. See Rhode Island General Laws 42-117-3
• Statute: A law passed by a legislature.
• 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