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§ 45-54-4 — Rhode Island Law | CourtGPT
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Rhode Island Legal Code

§ 45-54-4

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In any suit, action, or proceeding involving the validity or enforcement of, or relating to, any contract by, or on behalf of, a corporation, the corporation is exclusively deemed to be established and authorized to transact business and exercise its powers upon proof of the adoption of a resolution by the city or town council declaring the need for the corporation to function. History of Section.P.L. 1991, ch. 421, § 1.