2013 -- S 0808

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LC02190

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2013

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A N A C T

RELATING TO THE INCORPORATION OF CONGREGATION JESHUAT ISRAEL IN THE

CITY OF NEWPORT

     Introduced By: Senators Paiva Weed, and DiPalma

     Date Introduced: April 03, 2013

     Referred To: Senate Finance

It is enacted by the General Assembly as follows:

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     SECTION 1. An act passed on June 18, 1894 by the General Assembly at its May, 1894

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Session entitled "An Act Incorporating A Congregation Jeshuat Israel In The City Of Newport",

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as amended by an act passed on May 3, 1949 by the General Assembly at its January, 1949

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Session entitled "An Act To Vacate The Forfeiture Of The Charter Of The Congregation Jeshuat

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Israel" is hereby further amended to read as follows:

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     Sec. 2. Said corporation may take, hold, transmit and convey real and personal estate to

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an amount not exceeding twenty thousand dollars ($20,000) without restriction as to amount.

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     Sec. 3. Said corporation shall also possess all the powers and privileges and be subject to

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all the duties and liabilities set forth in title 7, chapter 6 of the general laws entitled "Rhode Island

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Nonprofit Corporation Act," and in any acts in amendment thereof or in addition thereto.

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     SECTION 2. This act shall take effect upon passage.

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LC02190

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO THE INCORPORATION OF CONGREGATION JESHUAT ISRAEL IN THE

CITY OF NEWPORT

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     This act would remove the twenty thousand ($20,000) limit on the amount of real and

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personal estate that the congregation Jeshuat Israel, a non-profit corporation, is allowed to take,

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hold, transmit, and convey.

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     This act would also convey upon the corporation all the powers, privileges, duties and

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liabilities set forth in title 7, chapter 6 of the general laws entitled "Rhode Island Nonprofit

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Corporation Act."

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     This act would take effect upon passage.

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LC02190

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