§ 34-39-5 - Release of restriction. - Rhode Island Statutes

SECTION 34-39-5

   § 34-39-5  Release of restriction. –(a) Subject to the express terms of a conservation or preservation restriction,a restriction held by the state may be released in the same manner as land heldby the state may be sold under chapter 7 of title 37, a restriction held bycities and towns may be released in the same manner as land held by cities andtowns may be sold under § 45-2-5, and a restriction held by any othergovernmental body may be released in accordance with applicable statutes,regulations, and procedures.

   (b) A charitable corporation, association, or other entityholding a restriction may release that restriction in accordance with theexpress terms of a restriction, applicable bylaws, or charter provisions of theholding entity, and applicable statutes and regulations.