§ 42-116-29. Inapplicability of certain laws.
(a) The corporation is authorized and empowered to acquire and to dispose of real property
without the necessity of obtaining the approval of the state properties committee
or otherwise complying with the provisions of chapter 6 of title 37.
(b) Nothing in this statute or in the activities of the corporation constitutes a state
mandate within the meaning of § 45-13-7 et seq.
(c) Employees of the corporation are not, by reason of that employment, deemed to be employees
of the state for any purpose, any other provision of the ge
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§ 42-116-29. Inapplicability of certain laws.
(a) The corporation is authorized and empowered to acquire and to dispose of real property
without the necessity of obtaining the approval of the state properties committee
or otherwise complying with the provisions of chapter 6 of title 37.
(b) Nothing in this statute or in the activities of the corporation constitutes a state
mandate within the meaning of § 45-13-7 et seq.
(c) Employees of the corporation are not, by reason of that employment, deemed to be employees
of the state for any purpose, any other provision of the general laws to the contrary
notwithstanding, including without limiting the generality of the foregoing, titles
28 and 36.
(d) Neither the corporation nor its board of directors are exempt from the provisions
of chapter 2 of title 38, or chapter 46 of this title.
(e) The corporation establishes internal purchasing procedures consistent with the provisions
of chapter 2 of title 37.
(f) The corporation is authorized and empowered to acquire the assets of an eligible institution,
dispose of those assets, and assume liabilities of an eligible institution without
the necessity of complying with the provisions of title 37.