SECTION 1. Section 2 of an act entitled "An act to incorporate Pawtucket Boys Club, of Pawtucket, Rhode Island passed at the January session A.D. 1902, and amended in the January 1962 session, further amended in the January 1987 session, is hereby further amended to read as follows:

Sec. 2. Said corporation may take, hold, transmit, and convey real, mixed, and personal estate to an amount not exceeding five ten million dollars, which property, real, mixed, and personal held and possessed by said corporation not exceeding five ten million dollars, shall be exempt from taxation so long as said property shall be occupied exclusively for the objects set out in this act of incorporation, and not other.

SECTION 2. Boys & Girls Clubs of Pawtucket shall hereafter be named and known as Boys & Girls Club of Pawtucket, and shall be entitled to exercise the same powers, benefits and privileges it previously exercised and be subject to the same duties and liabilities under the general laws as under its original and previous corporate names.

SECTION 3. This act shall take effect upon passage.