Rhode Island § 45-59-8 § 45-59-8. The authority.

Rhode Island Statutes

§ 45-59-8 — § 45-59-8. The authority.

Rhode Island·Title 45 Towns and cities·Ch. 45-59 District Management Authorities

§ 45-59-8. The authority.
The district management authority thus created will be a body corporate and politic
            and an instrumentality and agency of the municipality within which the management
            district is located but having a distinct legal existence from the municipality. It
            is hereby declared that in exercising the powers granted to it by this chapter, the
            district management authority will exercise public and essential governmental functions
            of the municipality. No part of the net earnings of the district management authority
            will be distributable to, or inure to the benefit of, any private person.
         

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§ 45-59-8. The authority.

The district management authority thus created will be a body corporate and politic and an instrumentality and agency of the municipality within which the management district is located but having a distinct legal existence from the municipality. It is hereby declared that in exercising the powers granted to it by this chapter, the district management authority will exercise public and essential governmental functions of the municipality. No part of the net earnings of the district management authority will be distributable to, or inure to the benefit of, any private person.

Rhode Island § 45-59-8 (§ 45-59-8. The authority.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.