§ 23-19-29 - Liberal construction. - Rhode Island Statutes

SECTION 23-19-29

   § 23-19-29  Liberal construction. –This chapter, being necessary for the welfare of the state and its inhabitants,shall be liberally construed to effectuate its purposes. Neither this chapternor anything in this chapter is or shall be construed as a restriction orlimitation upon any powers that the corporation might otherwise have under anylaws of this state, and this chapter is cumulative to any powers conferred byother laws. This chapter does and shall be construed to provide a complete,additional, and alternative method for the doing of the things authorizedthereby and shall be regarded as supplemental and additional to powersconferred by other laws. However, the issuance of bonds, notes, and otherobligations of the corporation under the provisions of this chapter need notcomply with the requirements of any other state law applicable to the issuanceof bonds, and other obligations. Contracts for the construction and acquisitionof any project undertaken pursuant to this chapter shall comply with theprovisions of any other state law applicable to contracts for the constructionand acquisition of state owned property. No proceedings, notice, or approvalshall be required for the issuance of any bonds, notes and other obligations orany instrument as security for them, except as is provided in this chapter.