§ 42-64-31 - Other statutes.
SECTION 42-64-31
§ 42-64-31 Other statutes. – Nothing contained in this chapter shall restrict or limit the powers of theRhode Island economic development corporation arising under any laws of thisstate except where those powers are expressly contrary to the provisions ofthis chapter; provided, however, that the corporation shall not have any powerto create, empower or otherwise establish any corporation, subsidiarycorporation, corporate body, any form of partnership, or any other separateentity, without the express approval and authorization of the general assembly.Except as otherwise provided, this chapter shall be construed to provide acomplete additional and alternative method for doing the things authorizedhereby and shall be regarded as supplemental and in addition to the powersconferred by other laws. The issuance of all bonds, notes, and otherobligations of the corporation under the provisions of this chapter need notcomply with the requirements of any other statute applicable to the issuance ofbonds, notes and obligations, and contracts for the construction andacquisition of any project undertaken pursuant to this chapter need not complywith any provision of any other state law applicable to contracts for theconstruction and acquisition of state owned property, except that theprovisions of § 37-13-1 et seq. (prevailing wage); § 37-16-2 et seq.(public works arbitration); and § 37-12-1 et seq. (contractors' bonds) forthe construction and acquisition of state or municipally owned property shallbe applicable. No proceedings or notice of approval shall be required for theissuance of any bonds, notes, and other obligations or any instrument ofsecurity except as provided in this chapter.