Rhode Island § 46-24-10 § 46-24-10. Tax exemption.

Rhode Island Statutes

§ 46-24-10 — § 46-24-10. Tax exemption.

Rhode Island § 46-24-10

Title 46Waters and Navigation

Ch. 46-24Pawtuxet River Authority

This text of Rhode Island § 46-24-10 (§ 46-24-10. Tax exemption.) 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 § 46-24-10 (2026).

Text

§ 46-24-10. Tax exemption.
It is hereby declared that the authority and the carrying out of its corporate purposes
            are in all respects for the benefit of the people of the state of Rhode Island for
            the improvement of their health, welfare, and prosperity, and the authority will perform
            an essential government function in the exercise of the powers conferred by this chapter,
            and the state of Rhode Island covenants that the authority shall be required to pay
            no taxes or assessments or sums in lieu of taxes, except as provided in § 46-24-11, to the state or any political subdivision thereof upon any of the property acquired
            by it or under its jurisdict

Free access — add to your briefcase to read the full text and ask questions with AI

§ 46-24-10. Tax exemption.

It is hereby declared that the authority and the carrying out of its corporate purposes are in all respects for the benefit of the people of the state of Rhode Island for the improvement of their health, welfare, and prosperity, and the authority will perform an essential government function in the exercise of the powers conferred by this chapter, and the state of Rhode Island covenants that the authority shall be required to pay no taxes or assessments or sums in lieu of taxes, except as provided in § 46-24-11, to the state or any political subdivision thereof upon any of the property acquired by it or under its jurisdiction, control, possession, or supervision, or upon its activities in the operation and maintenance of the property, or upon any earnings, moneys, revenues, or other income derived by the authority, and the income therefrom shall at all times be exempt from taxation.