§ 37-18-3. Corporation established — Passage to state upon cessation of business.
(a) Subject to the provisions of § 37-18-12, there is hereby authorized, created, and established a permanent, public corporation of the state having a distinct legal existence from the state and not constituting a department of state government, to be known as the “Narragansett Indian land management corporation” with such powers as are set forth in this chapter for the purposes of acquiring, managing, and purchasing real property as provided in § 37-18-6(d).
(b) It is the intent of the general assembly by the passage of this chapter to vest in the corporation all powers, authority, rights, privileges, and titles which may be necessary to enable it to accomplish the purposes herein set forth.
(c) If, for any reason, the corporation shall cease entirely and continuously to conduct or be involved in any business whatsoever in furtherance of its purposes, all its duties, purposes, rights, and properties shall pass to and be vested in the state and the lands shall be held in trust for the Indians, as defined in this chapter, subject to the provisions of §§ 37-18-12 and 37-18-13.
History of Section.P.L. 1979, ch. 116, § 3; P.L. 1985, ch. 386, § 1.
Structure Rhode Island General Laws
Title 37 - Public Property and Works
Chapter 37-18 - Narragansett Indian Land Management Corporation
Section 37-18-1. - Short title.
Section 37-18-2. - Definitions.
Section 37-18-3. - Corporation established — Passage to state upon cessation of business.
Section 37-18-6. - Powers and duties.
Section 37-18-7. - Transfer of property — Restrictions on use.
Section 37-18-8. - Hunting, fishing, and trapping.
Section 37-18-9. - Exemption from taxation — Payments in lieu of taxes.
Section 37-18-10. - Land use plan.
Section 37-18-11. - Civil and criminal jurisdiction.
Section 37-18-12. - Expiration of the corporation.
Section 37-18-13. - Transfer of land to Indian tribe.
Section 37-18-14. - Transfer of state land to the Indian tribes.