Rhode Island § 16-32.1-3 § 16-32.1-3. Additional powers.

Rhode Island Statutes

§ 16-32.1-3 — § 16-32.1-3. Additional powers.

Rhode Island § 16-32.1-3

Title 16Education

Ch. 16-32.1The University of Rhode Island Research Foundation Act [See Title 16 Chapter 97 â€” The Rhode Island Board of Education Act]

This text of Rhode Island § 16-32.1-3 (§ 16-32.1-3. Additional powers.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 16-32.1-3 (2026).

Text

§ 16-32.1-3. Additional powers.
The research foundation shall have, in addition to the powers enumerated in § 16-32.1-2, all the powers necessary and convenient to carry out and effectuate the purposes
            and provisions of this chapter including, but not limited to, the power to:
         
(1) Sue and be sued, complain and defend, in its corporate name;
         
(2) Have a corporate seal that may be altered from time to time at its pleasure, and use
            the seal by causing it, or a facsimile thereof, to be impressed or affixed or in any
            other manner reproduced;
         
(3) 

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§ 16-32.1-3. Additional powers.

The research foundation shall have, in addition to the powers enumerated in § 16-32.1-2, all the powers necessary and convenient to carry out and effectuate the purposes and provisions of this chapter including, but not limited to, the power to:

(1) Sue and be sued, complain and defend, in its corporate name;

(2) Have a corporate seal that may be altered from time to time at its pleasure, and use the seal by causing it, or a facsimile thereof, to be impressed or affixed or in any other manner reproduced;

(3) Sell, convey, pledge, lease, exchange, transfer and otherwise dispose of all or any part of its property, assets and accounts for such consideration and upon such terms and conditions as the research foundation shall determine;

(4) Make contracts, liabilities and borrow money as the research foundation may determine;

(5) Make and execute all contracts and agreements and instruments necessary or convenient in the exercise of the powers and functions of the research foundation granted by this chapter;

(6) Receive, take, hold, invest, manage, administer, control and generally care for any intellectual or personal property, which it may be given, devised or otherwise conveyed or made available to the research foundation.