§ 39-18-1. Definitions. As used in this chapter, the following words and terms shall have the following meanings unless the context shall indicate another or different meaning: (1) “Authority” means the Rhode Island public transit authority created by § 39-18-2, or, if the authority shall be abolished, the board, body, or commission succeeding to the […]
§ 39-18-1.1. Findings. It is hereby found and declared as follows: (1) Rhode Island has had a long and rich legacy of providing public transit services that contribute to the fabric of the state; (2) Public transit continues to evolve and can play increasingly important roles in the future; (3) Public transit services provide benefits […]
§ 39-18-10. Trust funds. All moneys received pursuant to the provisions of this chapter, whether as proceeds from the sale of bonds or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this chapter. The authority may, in the resolution authorizing the bonds or in the […]
§ 39-18-11. Remedies. Any holder of bonds issued under the provisions of this chapter, or any of the coupons pertaining thereto, and the trustee under any trust agreement related thereto, except to the extent the rights given in this chapter may be restricted by the trust agreement, may, by civil action, mandamus, or other proceedings, […]
§ 39-18-12. Exemptions from taxation. The exercise of the powers granted by this chapter will be in all respects for the benefit of the people of the state and for the increase of their commerce, maintenance, and increase of their transportation and general prosperity and for the improvement of their health, welfare, and living conditions […]
§ 39-18-13. Bonds eligible for investment. Bonds issued by the authority under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, trust companies, banking associations, investment companies, credit unions, building and loan associations, executors, administrators, trustees, and […]
§ 39-18-14. Negotiable instruments. Notwithstanding any of the foregoing provisions of this chapter or any recitals in any bonds issued under the provisions of this chapter, all bonds shall be deemed to be negotiable instruments under the laws of this state. History of Section.P.L. 1964, ch. 210, § 1.
§ 39-18-15. Refunding bonds. (a) The authority is hereby authorized to provide for the issuance of bonds of the authority for the purpose of refunding any bonds of the authority, including temporary notes, then outstanding, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption […]
§ 39-18-16. Limitation of powers. The state does hereby pledge to and agree with any person, firm, corporation, or federal agency subscribing to or acquiring the bonds to be issued by the authority that the state will not limit or alter the rights hereby vested in the authority until all bonds at any time issued, […]
§ 39-18-17. Labor relations with employees of acquired transit facilities. (a) Whenever the authority acquires transit property facilities under the provisions of this chapter, the authority shall continue the payment of all pensions and retirement allowances under and in accordance with the pension plan in effect at the time of the acquisition. (b) As of […]
§ 39-18-18. Action by resolution — Reports — Audits. (a) Any action taken by the authority under the provisions of this chapter may be authorized by resolution at any regular or special meeting, and each resolution shall take effect immediately and need not be published or posted. (b) Within ninety (90) days after the end […]
§ 39-18-18.1. Authority deemed instrumentality and political subdivision of state. For the purposes of chapters 42 — 44 of title 28 and chapters 29 — 37 of title 28, and with respect to chapter 31 of title 9, and notwithstanding any inconsistent provisions of these chapters, the authority shall be deemed to be an instrumentality […]
§ 39-18-19. Severability. The provisions of this chapter are severable, and if any of its provisions shall be held unconstitutional by any court of competent jurisdiction, the decision of the court shall not affect or impair any of the remaining provisions. History of Section.P.L. 1964, ch. 210, § 1.
§ 39-18-2. Authority created — Composition — Terms — Oath — Officers — Quorum — Compensation — Conflicts of interest. (a) There is hereby created a body corporate and politic to be known as the “Rhode Island public transit authority” (hereinafter “RIPTA”). (b) The authority shall consist of eight (8) members, one of whom shall […]
§ 39-18-20. Use of services of department of transportation. The authority shall use the services of the department of transportation in planning, designing, and constructing transportation services or facilities to the extent that these services are provided by the department of transportation. The authority may use any other services provided by the department of transportation. […]
§ 39-18-21. Agreements and certifications regarding state and federal funds. The authority and the department of transportation shall be authorized and empowered to enter into agreements, between each other and with others, providing for the assignment to the authority of all or part of any grants, loan, or other money or property of whatever nature […]
§ 39-18-22. State appropriations. The general assembly shall appropriate annually a sum for the financial support of the operating expenses of the Rhode Island public transit authority from certain proceeds of the motor fuel tax reserved for this purpose pursuant to § 31-36-20. The total amount of state subsidy disbursements in any fiscal year shall […]
§ 39-18-23. Medical care available to employees. (a) All eligible employees of the Rhode Island public transit authority shall be entitled to purchase benefits set forth in § 36-12-2 at the same rate as the group rate paid by the state for the benefits. (b) Payments for benefits shall be made by the authority directly […]
§ 39-18-24. John J. MacDonald, Jr. Transportation Initiative. (a) The Rhode Island public transit authority is authorized and directed, in consultation with the division of public utilities and carriers and the governor’s commission on disabilities, to develop the “John J. MacDonald, Jr. Transportation Initiative” for a statewide federally funded “New Freedom Program” to reduce barriers […]
§ 39-18-3. Purposes of the authority. (a) It shall be the purposes of the authority to: (1) Provide public transit services that meet mobility needs of the people of the state, including the elderly and disabled; (2) Increase access to employment opportunities; (3) Connect different modes of public transportation, including rail, air, and water services; […]
