Towns and cities
Municipal Public Buildings Authorities
§ 45-50-4 Resolution conclusive as to
capacity of authority.
In any suit, action, or proceeding involving the validity or enforcement of, or
relating to any contract by or on behalf of an authority, the authority shall
be conclusively deemed to have become established and authorized to transact
business and exercise its powers upon proof of the adoption of a resolution by
the city or town council declaring the need for the authority to function and
upon proof of the adoption of a resolution by the public finance management
board approving the creating of the authority.
History of Section.
(P.L. 1987, ch. 475, § 1.)