Section 45-58-10. – Succession of utility district to certain obligations of Pascoag fire district.
§ 45-58-10. Succession of utility district to certain obligations of Pascoag fire district. Upon April 4, 2001, the utility district shall: (1) Succeed to and become subject to the utility bond obligations heretofore imposed by any security interest or trust instrument upon the Pascoag fire district; and (2) Succeed to the precise position of Pascoag […]
Section 45-58-11. – Bonds.
§ 45-58-11. Bonds. (a) The utility district shall have the power and is hereby authorized from time to time to issue its negotiable bonds for any of its corporate or district purposes and to secure the payment of the bonds in such manner and by such means as may be provided in the resolution or […]
Section 45-58-3. – Statement of purpose.
§ 45-58-3. Statement of purpose. This chapter is intended to: (1) Establish the Pascoag utility district as the successor to the utility functions fulfilled prior to April 4, 2001, by the Pascoag fire district; (2) Provide for the orderly separation and transfer of those utility functions and related utility assets and utility bond obligations (without […]
Section 45-58-4. – Pascoag utility district established.
§ 45-58-4. Pascoag utility district established. There is hereby created a quasi-municipal corporation, district and political subdivision of the state, to be known as the Pascoag utility district, the boundaries of which shall be coterminous with the boundaries of the utility service area of the Pascoag fire district, as established under the act passed at […]
Section 45-58-1. – Short title.
§ 45-58-1. Short title. This act shall be known and may be cited as the “Pascoag Utility District Act of 2001”. History of Section.P.L. 2001, ch. 12, § 1; P.L. 2001, ch. 47, § 1.
Section 45-58-2. – Definitions.
§ 45-58-2. Definitions. Terms used in this chapter shall be construed as follows, unless another meaning is expressed or is clearly apparent from the language or context: (1) “Fire district” means the Pascoag fire district created by the act passed at the May session 1887, entitled “An Act to Incorporate the Pascoag Fire District” as […]