§ 39-18-1 Definitions. – As used in this chapter, the following words and terms shall have the followingmeanings unless the context shall indicate another or different meaning:
(1) "Authority" means the Rhode Island public transitauthority created by § 39-18-2, or, if the authority shall be abolished,the board, body, or commission succeeding to the principal functions thereof,or upon whom the powers of the authority given by this chapter shall be givenby law.
(2) "Bonds" means bonds, notes, or other evidences ofindebtedness, including temporary notes of the authority issued in anticipationof revenues to be received by the authority or in anticipation of the receiptof federal, state or local grants or other aid.
(3) "Municipality" means any town, city, or subdivisionthereof.
(4) "Transit property" means and includes any property,whether real or personal, and any apparatus and equipment used or useful in theoperation of a motor bus, water, or rail passenger transportation line orsystem, and includes any rights or franchises to operate any passengertransportation line or system, but it does not include other property or assets.
§ 39-18-1 Definitions. – As used in this chapter, the following words and terms shall have the followingmeanings unless the context shall indicate another or different meaning:
(1) "Authority" means the Rhode Island public transitauthority created by § 39-18-2, or, if the authority shall be abolished,the board, body, or commission succeeding to the principal functions thereof,or upon whom the powers of the authority given by this chapter shall be givenby law.
(2) "Bonds" means bonds, notes, or other evidences ofindebtedness, including temporary notes of the authority issued in anticipationof revenues to be received by the authority or in anticipation of the receiptof federal, state or local grants or other aid.
(3) "Municipality" means any town, city, or subdivisionthereof.
(4) "Transit property" means and includes any property,whether real or personal, and any apparatus and equipment used or useful in theoperation of a motor bus, water, or rail passenger transportation line orsystem, and includes any rights or franchises to operate any passengertransportation line or system, but it does not include other property or assets.
§ 39-18-1 Definitions. – As used in this chapter, the following words and terms shall have the followingmeanings unless the context shall indicate another or different meaning:
(1) "Authority" means the Rhode Island public transitauthority created by § 39-18-2, or, if the authority shall be abolished,the board, body, or commission succeeding to the principal functions thereof,or upon whom the powers of the authority given by this chapter shall be givenby law.
(2) "Bonds" means bonds, notes, or other evidences ofindebtedness, including temporary notes of the authority issued in anticipationof revenues to be received by the authority or in anticipation of the receiptof federal, state or local grants or other aid.
(3) "Municipality" means any town, city, or subdivisionthereof.
(4) "Transit property" means and includes any property,whether real or personal, and any apparatus and equipment used or useful in theoperation of a motor bus, water, or rail passenger transportation line orsystem, and includes any rights or franchises to operate any passengertransportation line or system, but it does not include other property or assets.
