§ 28-58-2. Legislative purpose.
The purpose of this legislation is to preserve jobs and create new opportunities for economic growth and entrepreneurship in Rhode Island by providing opportunities for employees to purchase a business otherwise at risk of closure.
History of Section.P.L. 2019, ch. 43, § 1; P.L. 2019, ch. 64, § 1.
Structure Rhode Island General Laws
Title 28 - Labor and Labor Relations
Chapter 28-58 - Local Ownership Opportunity Act
Section 28-58-1. - Short title.
Section 28-58-2. - Legislative purpose.
Section 28-58-3. - Definitions.
Section 28-58-4. - Notification to affected employees.
Section 28-58-5. - Sale not compelled.