2009 Rhode Island Code
Title 46 - Waters and Navigation
CHAPTER 46-15.1 - Water Supply Facilities
§ 46-15.1-6 - Purchase or lease from state.
SECTION 46-15.1-6
§ 46-15.1-6 Purchase or lease from state. – The state properties committee is authorized on behalf of the state, from time to time, to sell and convey or lease to the board, for the purposes of this chapter, any property (which may include water sources or the right to take water) held by the state for water supply purposes, or any interest therein. Any such sale of property shall be for fair market value as determined by the board and the state properties committee. Any such lease shall be for a term not exceeding fifty (50) years and shall be for such fair rental value as may be set forth in the lease or determined in accordance with the lease.
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.
