§ 42-64.10-11 - Consistency with other statutes.
SECTION 42-64.10-11
§ 42-64.10-11 Consistency with otherstatutes. – (a) The Rhode Island Economic Development Corporation Act. Except asotherwise expressly provided by this chapter, the corporation shall have thepowers necessary to accomplish the purposes set forth in chapter 64 of thistitle and shall in the exercise of those powers conform with the obligationsand requirements of chapter 64 of this title, and unless this chapter providesor the context indicates otherwise, the provisions of this chapter shall beconsidered in a manner consistent with the provisions of chapter 64 of thistitle. The corporation shall be, in the manner set forth this chapter, asubsidiary of the economic development corporation notwithstanding therequirements of § 42-64-7.1, and this chapter shall be deemed fullysatisfactory for purposes of § 42-64-7.1 as necessary to effectuate theprovisions of this chapter.
(b) Other state laws. Nothing contained in thischapter shall restrict or limit the powers of the corporation arising under anylaws of this state except where those powers are expressly contrary to theprovisions of this chapter; provided, however, that the corporation shall nothave any power to create, empower, or otherwise establish any corporation,subsidiary corporation, corporate body, any form of partnership, or any otherseparate entity, without the express approval and authorization of the generalassembly. Except as otherwise provided, this chapter shall be construed toprovide a complete additional and alternative method for doing the thingsauthorized hereby and shall be regarded as supplemental and in addition to thepowers conferred by other laws.