2009 Rhode Island Code
Title 45 - Towns and cities
CHAPTER 45-50 - Municipal Public Buildings Authorities
§ 45-50-4 - Resolution conclusive as to capacity of authority.
SECTION 45-50-4
§ 45-50-4 Resolution conclusive as to capacity of authority. – In any suit, action, or proceeding involving the validity or enforcement of, or relating to any contract by or on behalf of an authority, the authority shall be conclusively deemed to have become established and authorized to transact business and exercise its powers upon proof of the adoption of a resolution by the city or town council declaring the need for the authority to function and upon proof of the adoption of a resolution by the public finance management board approving the creating of the authority.
Disclaimer: These codes may not be the most recent version. Rhode Island may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
