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Home » US Law » 2022 Rhode Island General Laws » Title 42 - State Affairs and Government » Chapter 42-64.2 - Rhode Island Public Rail Corporation Act

Section 42-64.2-1. – Short title.

§ 42-64.2-1. Short title. This chapter shall be known as the “Rhode Island Public Rail Corporation Act”. History of Section.P.L. 1982, ch. 205, § 1; P.L. 1986, ch. 198, § 40; P.L. 1991, ch. 336, § 1.

Section 42-64.2-11. – Severability.

§ 42-64.2-11. Severability. If any clause, sentence, paragraph, section or part of this chapter shall be adjudged by any court of competent jurisdiction to be invalid, the judgment shall not affect, impair, or invalidate the remainder thereof, but shall be confined in its operation to the clause, sentence, paragraph, section, or part thereof directly involved […]

Section 42-64.2-2. – Creation.

§ 42-64.2-2. Creation. (a) There is authorized, created, and established a public corporation of the state having a distinct legal existence from the state and not constituting a department of state government, which is a governmental agency and public instrumentality of the state, to be known as the Rhode Island public rail corporation (formerly the […]

Section 42-64.2-3. – Purposes.

§ 42-64.2-3. Purposes. The Rhode Island public rail corporation is authorized, created, and established for the purpose of enhancing and preserving the viability of commuter transit and railroad freight operations in Rhode Island. History of Section.P.L. 1982, ch. 205, § 1; P.L. 1991, ch. 336, § 1.

Section 42-64.2-4. – General powers.

§ 42-64.2-4. General powers. Except to the extent inconsistent with any specific provision of this chapter, the Rhode Island public rail corporation shall have power: (1) To sue and be sued, complain and defend, in its corporate name; (2) To have a seal, which may be altered at pleasure, and to use the seal by […]

Section 42-64.2-5. – Additional general powers.

§ 42-64.2-5. Additional general powers. In addition to the powers enumerated in § 42-64.2-4, except to the extent inconsistent with any specific provisions of this chapter, the Rhode Island public rail corporation shall have the power to: (1) Receive from the state title to certain real estate situated in Providence, Rhode Island, more specifically described […]

Section 42-64.2-6. – Directors.

§ 42-64.2-6. Directors. The powers of the Rhode Island public rail corporation shall be vested in a board of directors consisting of a director of the state department of administration, the director of the state department of transportation, and the chairperson of the Rhode Island public transit authority or the designee of each. History of […]

Section 42-64.2-7. – Reports.

§ 42-64.2-7. Reports. The annual report of the Rhode Island public rail corporation shall be sent to the governor, the general assembly, and to the chief elected officials of cities and towns in which the corporation owns real estate. The report shall include a complete report of the operations and financial status of the Rhode […]

Section 42-64.2-8. – Exemption from taxation.

§ 42-64.2-8. Exemption from taxation. The exercise of the powers granted by this chapter will be in all respects for the benefit of the people of this state, the increase of their commerce, welfare and prosperity and for the improvement of their health and living conditions and will constitute the performance of an essential governmental […]

Section 42-64.2-9. – Liberal construction.

§ 42-64.2-9. Liberal construction. Neither this chapter nor anything herein contained is or shall be construed as a restriction or limitation upon any powers which the corporation might otherwise have under any laws of this state, and this chapter is cumulative to any of those powers. This chapter does and shall be construed to provide […]