§45-50-4  Resolution conclusive as to capacity of authority. –


Published: 2015

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TITLE 45

Towns and cities

CHAPTER 45-50

Municipal Public Buildings Authorities

SECTION 45-50-4



   § 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.)