§ 45-27-17 - Validation of prior agreements. - Rhode Island Statutes

SECTION 45-27-17

   § 45-27-17  Validation of prior agreements.– All agreements, and undertakings of housing authorities established pursuant tothe housing authorities law, entered into before March 8, 1943, relating tofinancing or aiding in the development or operation of any housing projects,including (without limiting the generality of the foregoing) loan and annualcontributions contracts, agency contracts, and leases, agreements withmunicipalities or other public bodies (including those pledged or authorized tobe pledged for the protection of the holders of any notes or bonds issued byhousing authorities or which are otherwise made a part of the contract withthose holders of notes or bonds) relating to cooperation in aid of housingprojects, furnishing of municipal services and facilities and the eliminationof unsafe and unsanitary dwellings, and contracts for the construction ofhousing projects, together with all proceedings, acts, and things undertaken ordone before March 8, 1943 with reference thereto, are hereby validated, anddeclared legal in all respects.