§ 27-66-20 - General powers and limitations. - Rhode-island Statutes

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Statutes > Rhode-island > Title-27 > Chapter-27-66 > 27-66-20

SECTION 27-66-20

§ 27-66-20 General powers and limitations.– For the purposes of exercising the specific powers granted in this chapter andeffectuating the other purposes of this chapter, the foundation:

(1) May be sued and sue;

(2) May have a seal and alter it at will;

(3) May make, amend, and repeal rules relating to the conductof the business of the foundation;

(4) May enter into contracts relating to the administrationof the foundation;

(5) May rent, lease, buy or sell property in its own name andmay construct or repair buildings necessary to provide space for its operations;

(6) May hire personnel, consultants and experts and setsalaries; and

(7) May perform all other functions and exercise all otherpowers that are necessary, appropriate or convenient to administer thefoundation.

State Codes and Statutes

Statutes > Rhode-island > Title-27 > Chapter-27-66 > 27-66-20

SECTION 27-66-20

§ 27-66-20 General powers and limitations.– For the purposes of exercising the specific powers granted in this chapter andeffectuating the other purposes of this chapter, the foundation:

(1) May be sued and sue;

(2) May have a seal and alter it at will;

(3) May make, amend, and repeal rules relating to the conductof the business of the foundation;

(4) May enter into contracts relating to the administrationof the foundation;

(5) May rent, lease, buy or sell property in its own name andmay construct or repair buildings necessary to provide space for its operations;

(6) May hire personnel, consultants and experts and setsalaries; and

(7) May perform all other functions and exercise all otherpowers that are necessary, appropriate or convenient to administer thefoundation.

State Codes and Statutes

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State Codes and Statutes

Statutes > Rhode-island > Title-27 > Chapter-27-66 > 27-66-20

SECTION 27-66-20

§ 27-66-20 General powers and limitations.– For the purposes of exercising the specific powers granted in this chapter andeffectuating the other purposes of this chapter, the foundation:

(1) May be sued and sue;

(2) May have a seal and alter it at will;

(3) May make, amend, and repeal rules relating to the conductof the business of the foundation;

(4) May enter into contracts relating to the administrationof the foundation;

(5) May rent, lease, buy or sell property in its own name andmay construct or repair buildings necessary to provide space for its operations;

(6) May hire personnel, consultants and experts and setsalaries; and

(7) May perform all other functions and exercise all otherpowers that are necessary, appropriate or convenient to administer thefoundation.