Rhode Island § 45-50-4 § 45-50-4. Resolution conclusive as to capacity of authority.

Rhode Island Statutes

§ 45-50-4 — § 45-50-4. Resolution conclusive as to capacity of authority.

Rhode Island § 45-50-4

Title 45Towns and cities

Ch. 45-50Municipal Public Buildings Authorities

This text of Rhode Island § 45-50-4 (§ 45-50-4. Resolution conclusive as to capacity of authority.) 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 § 45-50-4 (2026).

Text

§ 45-50-4. Resolution conclusive as to capacity of authority.
In any suit, action, or proceeding involving the validity or enforcement of, or relating
            to any contract by or on behalf of an authority, the authority shall be conclusively
            deemed to have become established and authorized to transact business and exercise
            its powers upon proof of the adoption of a resolution by the city or town council
            declaring the need for the authority to function and upon proof of the adoption of
            a resolution by the public finance management board approving the creating of the
            authority.
         

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§ 45-50-4. Resolution conclusive as to capacity of authority.

In any suit, action, or proceeding involving the validity or enforcement of, or relating to any contract by or on behalf of an authority, the authority shall be conclusively deemed to have become established and authorized to transact business and exercise its powers upon proof of the adoption of a resolution by the city or town council declaring the need for the authority to function and upon proof of the adoption of a resolution by the public finance management board approving the creating of the authority.