Rhode Island § 45-2-5.1 § 45-2-5.1. Westerly municipal land trust.

Rhode Island Statutes

§ 45-2-5.1 — § 45-2-5.1. Westerly municipal land trust.

Rhode Island § 45-2-5.1

Title 45Towns and cities

Ch. 45-2General Powers

This text of Rhode Island § 45-2-5.1 (§ 45-2-5.1. Westerly municipal land trust.) 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 § 45-2-5.1 (2026).

Text

§ 45-2-5.1. Westerly municipal land trust.
The town council of the town of Westerly is hereby authorized and permitted to exercise
            its discretion to transfer and convey certain real estate to the Westerly Municipal
            Land Trust, without monetary consideration, provided that such real estate shall be
            of such character and condition as shall be appropriate of the purposes of said Land
            Trust, and provided further that such real estate shall be conveyed to said Land Trust
            with the express restriction that the same shall not be further transferred or conveyed
            to any other person or entity for value or otherwise, without the express approval
            of 

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§ 45-2-5.1. Westerly municipal land trust.

The town council of the town of Westerly is hereby authorized and permitted to exercise its discretion to transfer and convey certain real estate to the Westerly Municipal Land Trust, without monetary consideration, provided that such real estate shall be of such character and condition as shall be appropriate of the purposes of said Land Trust, and provided further that such real estate shall be conveyed to said Land Trust with the express restriction that the same shall not be further transferred or conveyed to any other person or entity for value or otherwise, without the express approval of said town council, and, in the event of a sale, all procedures for the sale of municipal real estate shall be applied and the proceeds thereof shall be deemed the property of the town of Westerly.