Section 45-67-9. – Limitation of powers.
§ 45-67-9. Limitation of powers. All services provided by the utility district that constitute public utility services within the meaning of § 39-1-2 shall be subject to the applicable jurisdictions of the public utilities commission and the division of public utilities and carriers. History of Section.P.L. 2017, ch. 280, § 1; P.L. 2017, ch. 293, […]
Section 45-67-10. – Exemptions.
§ 45-67-10. Exemptions. (a) The exemption waiver provided by the public utilities commission to BIPCo from the terms of § 39-1-27 shall also apply to the utility district and the public utilities commission shall have the authority to provide such other waivers from this section as may be in the public interest. (b) The utility […]
Section 45-67-11. – Bonds.
§ 45-67-11. 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 45-67-12. – State not liable.
§ 45-67-12. State not liable. Neither the state nor the town of New Shoreham is liable for the payment of the principal of or interest on any bonds or notes of the utility district, or for the performance of any pledge, mortgage, obligation, or agreement of any kind whatsoever that may be undertaken by the […]
Section 45-67-13. – Money of the utility district.
§ 45-67-13. Money of the utility district. (a) All money of the utility district, from whatever source derived, shall be paid to the treasurer of the utility district. The money on receipt shall be deposited forthwith in a separate bank account or accounts. The money in the accounts shall be paid out with a check […]
Section 45-67-14. – Alteration, amendment, repeal or severability.
§ 45-67-14. Alteration, amendment, repeal or severability. The right to alter, amend, or repeal this chapter is reserved to the state, but no such alteration, amendment, or repeal shall operate to retroactively impair the obligation of any contract made or assumed by the utility district under any power conferred by this chapter. If any section, […]
Section 45-67-15. – Reversion upon dissolution or termination.
§ 45-67-15. Reversion upon dissolution or termination. Upon dissolution or termination of the utility district, the assets of the utility district that remain after payment, or making provision for payment, of all bonds, notes, and other obligations of the utility district shall be distributed to the town of New Shoreham or as ordered by a […]
Section 45-67-7. – Compensation of the board — Employees of the utility district.
§ 45-67-7. Compensation of the board — Employees of the utility district. (a) Members of the board of utility commissioners shall not be entitled to receive compensation for attendance at scheduled and special meetings of the board of utility commissioners, but shall be entitled to reimbursement of the actual and necessary expenses incurred in the […]
Section 45-67-8. – Powers of the utility district.
§ 45-67-8. Powers of the utility district. The utility district shall have the power: (1) To acquire the BIPCo assets and to assume the BIPCo debt obligations. The sale by voluntary purchase of such property and the assumption of such obligations shall be negotiated between BIPCo and the utility district; provided, however, that upon acquiring […]
Section 45-67-1. – Short title.
§ 45-67-1. Short title. This act shall be known and may be cited as the “Block Island Utility District Act of 2017.” History of Section.P.L. 2017, ch. 280, § 1; P.L. 2017, ch. 293, § 1.