Rhode Island § 46-25-53 § 46-25-53. Exemption from taxation.

Rhode Island Statutes

§ 46-25-53 — § 46-25-53. Exemption from taxation.

Rhode Island § 46-25-53

Title 46Waters and Navigation

Ch. 46-25Narragansett Bay Commission

This text of Rhode Island § 46-25-53 (§ 46-25-53. Exemption from taxation.) 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 § 46-25-53 (2026).

Text

§ 46-25-53. Exemption from taxation.
The commission shall not be required to pay state taxes of any kind, and the commission,
            its projects, property, and moneys and, except for estate, inheritance, and gift taxes,
            any notes issued under the provisions of this chapter, and the income (including gain
            from sale or exchange) therefrom, shall at all times be free from taxation of every
            kind by the state and by the municipalities and all political subdivisions of the
            state.
         

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§ 46-25-53. Exemption from taxation.

The commission shall not be required to pay state taxes of any kind, and the commission, its projects, property, and moneys and, except for estate, inheritance, and gift taxes, any notes issued under the provisions of this chapter, and the income (including gain from sale or exchange) therefrom, shall at all times be free from taxation of every kind by the state and by the municipalities and all political subdivisions of the state.