Statutes > Rhode Island Statutes > Title 16 - Education > CHAPTER 16-32.1 - The University of Rhode Island Research Foundation Act > § 16-32.1-7 - Exemption from taxation.

§ 16-32.1-7 - Exemption from taxation.

SECTION 16-32.1-7

   § 16-32.1-7  Exemption from taxation.– The research foundation, its franchise, income and all of its intellectual andpersonal assets, where-so-ever situated, shall be exempt from all taxation bythe state and any agency thereof and any municipal corporation therein.