Except as provided in this section, bonds of the agency, local governmental obligations and obligations of private water companies may be issued under this chapter without obtaining the consent of any executive office, department, division, commission, board, bureau, or agency of the state or any political subdivision thereof, and without any other proceedings or the happening of any condition, or acts other than those proceedings, conditions, or acts which are specifically required therefor hereunder or under any applicable bond act, and the validity of and security for any bonds issued by the agency pursuant to this chapter, and any local governmental obligations issued in accordance herewith, shall not be affected by the existence or nonexistence of any consent or other proceedings, conditions, or acts. Nothing in this chapter shall exempt the agency from the provisions of chapter 10.1 of title 42. History of Section.P.L. 1993, ch. 313, § 1; P.L. 1993, ch. 396, § 1.
Rhode Island Legal Code