§ 18-4.1-11 — § 18-4.1-11. Distribution of conversion fee — Selection of a charitable organization by superior court.
This text of Rhode Island § 18-4.1-11 (§ 18-4.1-11. Distribution of conversion fee — Selection of a charitable organization by superior court.) 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.
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§ 18-4.1-11. Distribution of conversion fee — Selection of a charitable organization by superior court.
Any conversion fee shall be awarded by the superior court to an existing or newly formed legal entity that is a nonprofit corporation organized under chapter 6 of title 7, is exempt from taxation under Section 501(a) of the United States Internal Revenue Code as an organization described in Section 501(c)(3) of such code and has as its primary purpose to promote and/or operate public radio stations in Rhode Island.
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