reglab/housing_qa huggingface dataset:
RI Gen L § 42-132-2 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-132 - Business Fast-Start Office|Section 42-132-2 - Definitions.

§ 42-132-2. Definitions.As used in this chapter:(1) "Director" means the director of the secretary of state's first stop business information center;(2) "Department" means the secretary of state's office;(3) "License" means any certificate, permit or other evidence, by whatever name called, of a right or privilege to engage in any business activity, except occupational licenses;(4) "Occupational license" means any certificate, permit or other evidence, by whatever name called, of a right or privilege to engage in a profession, occupation, or field of endeavor that is issued by an occupational licensing agency;(5) "Occupational licensing agency" means any board, commission, committee, or other agency of this state that is established for the primary purpose of regulating the admission or conduct of persons in a particular profession, occupation, or field of endeavor, and is authorized to issue and revoke licenses. The term does not include a state agency or department that issues permits or licenses as only part of its regular function;(6) "Office" means the first stop business information center.History of Section.P.L. 2001, ch. 117, § 1.
RI Gen L § 42-132-4 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-132 - Business Fast-Start Office|Section 42-132-4 - Services optional.

§ 42-132-4. Services optional.(a) The services offered to persons by the fast-start office are optional. Any person may deal directly with a state agency in obtaining information, assistance, or in applying for a license if the person so prefers.(b) The authority for determining whether a requested license shall be issued shall remain with the state agency legally authorized to issue the license.History of Section.P.L. 2001, ch. 117, § 1.
RI Gen L § 42-132-5 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-132 - Business Fast-Start Office|Section 42-132-5 - Expedited state licensure process.

§ 42-132-5. Expedited state licensure process.(a) Notification of status. Any applicant for a license or occupational license as defined in this chapter and identified by the Business Fast-Start Office, shall be notified within sixty (60) days of filing a substantially complete application of the status of that application. Should there be no determination on the application, the applicant shall also be notified thirty (30) days later on the status of that application. Such notification shall be made by the appropriate licensing agency of the state to which the application for licensure has been made, or by another means so designated by the licensing agency.(b) Expedited determination. All state departments and agencies with regulatory or permitting authority over a business shall calculate the average processing time for each application for a license or occupational license as defined in this chapter, from time of application to time of issuance and shall report quarterly to the economic development corporation beginning June 1, 2010, and annually to the Rhode Island general assembly beginning January 1, 2011. The economic development corporation shall make the quarterly reports available to the public and shall publish the reports electronically on their website.History of Section.P.L. 2010, ch. 245, § 1; P.L. 2010, ch. 248, § 1.
RI Gen L § 42-133-1 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-1 - Short title.

§ 42-133-1. Short title.This chapter shall be known as the "Tobacco Settlement Financing Corporation Act."History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-2 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-2 - Purpose.

§ 42-133-2. Purpose.The purpose of this chapter is to authorize, create and establish a corporation empowered to acquire from the state that portion of the state's tobacco receipts as the state is authorized to sell; to authorize the sale by the state of all or a portion of the state's tobacco receipts to such corporation; to authorize the transfer to and the receipt by such corporation of all or a portion of the state's tobacco receipts; to authorize such corporation to issue bonds of the corporation for the purposes authorized in this chapter, payable solely from and secured solely by such portion of the state's tobacco receipts as the corporation may designate and pledge to secure the bonds, together with the investment income thereon and any reserve fund created by the corporation from any portion of the proceeds of such bonds; and to authorize the corporation to manage and dispose of all or a portion of the state's tobacco receipts for the purposes and in the manner authorized in this chapter.History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-3 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-3 - Definitions.

§ 42-133-3. Definitions.As used in this chapter, the following words and terms shall have the following meanings unless the context shall indicate another or different meaning or intent:(1) "Board" means the governing body of the corporation.(2) "Bonds" means bonds, notes (but only as provided in § 42-133-8(6)(e)), or other evidences of indebtedness of the corporation, all of which shall be in all events payable solely from and secured solely by such portion of the state's tobacco receipts as are sold to the corporation and pledged to secure the bonds, and issued pursuant to the authorizations contained in this chapter, all of which shall be issued under the name of or known as obligations of the corporation.(3) "Corporation" means the corporation authorized, created, and established pursuant to this chapter.(4) "Escrow" means the escrow as that term is defined in the master settlement agreement.(5) "Escrow agent" means the escrow agent as that term is defined in the master settlement agreement.(6) "Independent auditor" means the independent auditor as that term is defined in the master settlement agreement.(7) "Master settlement agreement" means the settlement agreement and related documents entered into on November 23, 1998, by the state and the four (4) principal United States tobacco product manufacturers, as amended and supplemented.(8) "Participating manufacturers" means the participating manufacturers as that term is defined in the master settlement agreement.(9) "Qualifying statute" means chapter 71 of title 23 enacted March 30, 2001 and applied retroactively to June 29, 1999, in conformity with exhibit T of the master settlement agreement.(10) "State" means the state of Rhode Island.(11) "State's tobacco receipts" means all of the payments to be made by the escrow agent and derived from payments made by the participating manufacturers and allocated to the state under the master settlement agreement, other than pursuant to Article XVII of the master settlement agreement.History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-4 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-4 - Creation - Powers - Construction of chapter - Termination.

§ 42-133-4. Creation — Powers — Construction of chapter — Termination.(a) There is hereby authorized, created and established, a public corporation of the state having a legal existence distinct from the state and not constituting a department of state government, to be known as the tobacco settlement financing corporation, with such powers as are set forth in this chapter.(b) It is the intent of the general assembly by the passage of this chapter to vest in the corporation all powers, authority, rights, privileges, and titles which may be necessary to enable it to accomplish the purposes set forth in this chapter. This chapter and the powers granted hereby shall be liberally construed in conformity with these purposes.(c) The corporation and its corporate existence shall continue until terminated by law or until the corporation shall cease entirely and continuously to conduct or be involved in any business whatsoever in furtherance of its purposes; provided, that no termination shall take effect prior to the date which is one year and one day after the date on which the corporation no longer has any bonds outstanding. Upon termination of the existence of the corporation, all its rights and properties shall pass to and best vested in the state. At no other time shall the assets or other property of the corporation inure to the benefit of any other person.History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-7 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-7 - Sale of state's tobacco receipts.

§ 42-133-7. Sale of state's tobacco receipts.(a) On or before June 30, 2002, the state shall sell and assign to and the corporation shall acquire all or a portion of the state's tobacco receipts. The attorney general shall assist the governor in the preparation and review of all necessary documentation to effect such sale and transfer by such date. The terms and conditions of the sale shall be established in order to accomplish the purpose and intent set forth in this chapter and shall include, but not be limited to, the price, the net proceeds of the sale of the bonds to be issued by the corporation and secured by a portion of the state's tobacco receipts, and the beneficial interest of the state in any trust fund created in accordance with this chapter.(b) The sale of the state's tobacco receipts to the corporation shall be irrevocable during the time when any bonds issued by the corporation are outstanding, and shall constitute a contractual obligation owed to the holders of such bonds. The sale of the state's tobacco receipts shall be treated as a true sale and absolute transfer of the property so transferred and not as a pledge or other security interest for any borrowing. The characterization of such a sale as an absolute transfer shall not be negated or adversely affected by the fact that only a portion of the state's tobacco receipts is being sold or by the state's acquisition or retention of an ownership interest in any residual assets.(c) On or after the effective date of the sale, the state shall not have any right, title, or interest in all or such portion of the state's tobacco receipts sold which shall be the sole property of the corporation, and not of the state, and shall be owned, received, held, and disbursed by the corporation or its trustee or assignee in accordance with this chapter, and not by the state.(d) On or before the effective date of the sale and at the request of the corporation, the state, through the attorney general, shall notify the independent auditor of the sale and instruct the independent auditor to direct the escrow agent that, subsequent to that date and irrevocably during the time when any bonds are outstanding, the state's tobacco receipts acquired by the corporation are to be paid directly to the corporation or its designee.(e) With respect to the issuance of the corporation's bonds and in compliance with all applicable federal law, including, but not limited to, the Internal Revenue Code, the state and the corporation may enter into agreements for the benefit of the corporation's bondholders with respect to the application of the proceeds of the bonds and certain other monies of the state, the investment thereof, and the periodic reporting of certain information, and such other matters related thereto.History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-9 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-9 - Trust funds.

§ 42-133-9. Trust funds.All money received pursuant to the authority of this chapter, whether as provided from the sale of bonds or state's tobacco receipts purchased by the corporation, or investment income, shall be trust funds to be held and applied solely as provided in the proceedings under which the bonds of the corporation are authorized. Any officer with whom, or any bank or trust company with which monies shall be deposited as trustee, shall hold and apply the trust funds for the purposes for which the bonds are authorized, subject to the applicable provisions of this chapter, the proceedings authorizing the bonds, and the trust agreement securing the bonds, if any.History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-10 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-10 - Exemption from taxation.

§ 42-133-10. Exemption from taxation.The exercise of the powers granted by this chapter shall be in all respects for the benefit of the people of the state, and the corporation, and any trust established by the corporation, shall not be required to pay taxes of the state or any political subdivision of the state of any kind, including any tax or assessment on any property owned by the corporation, or any trust established by the corporation, under the provisions of this chapter or upon the income from any property. Any bonds issued by the corporation under the provisions of this chapter, their transfer, and the income from them (including any profits made on their sale), shall at all times be free from taxation by the state or any political subdivision or other instrumentality of the state, excepting inheritance, estate, and gift taxes.History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-11 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-11 - Bankruptcy.

§ 42-133-11. Bankruptcy.Prior to the date which is one year and one day after the date on which the corporation no longer has any bonds outstanding, the corporation has no authority to file a voluntary petition under chapter 9 of the United States Bankruptcy Code or such corresponding law as may, from time to time, be in effect, and neither any public official nor any other organization, entity, or other person shall authorize the corporation to be or become a debtor under the United States Bankruptcy Code or any corresponding law during such periods. The provisions of this section are for the benefit of the holders of any bonds and are a part of the contractual obligation owed to such bondholders, and the state hereby agrees that it shall not modify or delete the provisions of this section during the periods described in this section. The corporation is authorized to include this agreement of the state in any agreement with the holders of the bonds.History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-11.1 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-11.1 - Stay of execution upon appeal.

§ 42-133-11.1. Stay of execution upon appeal.(a) In order to secure and protect the monies to be received as a result of the Master Settlement Agreement, as defined in § 42-133-3 of this chapter, in civil litigation under any legal theory involving a signatory, a successor of a signatory, or an affiliate of a signatory to the Master Settlement Agreement, the supersedeas bond to be furnished in order to stay the execution of the judgment during the entire course of appellate review shall be set in accordance with applicable laws or court rules, except that the total supersedeas bond in any one case that is required of all appellants collectively shall not exceed fifty million dollars ($50,000,000) regardless of the value of the judgment. The limitation on the amount of the bond set out in this section does not apply to awards resulting from actions enforcing payments under the Master Settlement Agreement, as defined in § 42-133-3 of this chapter.(b) Notwithstanding subsection (a), if an appellee proves by a preponderance of the evidence that an appellant is dissipating assets outside the ordinary course of business to avoid payment of a judgment, a court may require the appellant to post a supersedeas bond in an amount up to the total amount of the judgment.History of Section.P.L. 2008, ch. 288, § 1; P.L. 2008, ch. 412, § 1.
RI Gen L § 42-133-12 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-12 - Limited power to incur debt.

§ 42-133-12. Limited power to incur debt.The corporation and the board have no power to incur debt or obligations or in any way to encumber their assets except by the issuance of bonds, including the making of covenants in relation to the issuing of bonds and the incurring of expenses and obligations in connection with such issuance.History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-13 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-13 - Bonds as legal investments.

§ 42-133-13. Bonds as legal investments.The bonds of the corporation are hereby made securities in which all public officers and bodies of this state and municipalities and municipal subdivisions, all companies and associations and other persons carrying on an insurance business, all banks, bankers, trust companies, savings banks, and savings associations, including savings and loan associations, building and loan associations, investment companies, and other persons carrying on a banking business, all administrators, guardians, executors, trustees, and other fiduciaries, and all other persons whatsoever who are authorized to invest in bonds or other obligations of the state may properly and legally invest funds, including capital, in their control or belonging to them.History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-14 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-14 - Agreement by the state.

§ 42-133-14. Agreement by the state.The state does hereby pledge to and agree with the holders of any bonds issued under this chapter that the state will not limit or alter the rights vested in the corporation to fulfill the terms of any agreements made with the holders, or otherwise take any action that materially and adversely affects the rights of the holders, until the bonds, together with the interest thereon, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceeding by or on behalf of holders, are fully met and discharged. The corporation is authorized to include this pledge and agreement of the state in any agreement with the holders of the bonds.History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-15 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-15 - Credit of the state.

§ 42-133-15. Credit of the state.Bonds issued under the provisions of this chapter shall not constitute a debt, liability, or obligation of the state or of any political subdivision thereof other than the corporation, or a pledge of the faith and credit of the state or any political subdivision, but shall be payable solely from the assets of the corporation. Bonds shall state on their face that the bonds are payable both as to principal and interest solely out of the assets of the corporation pledged for such purpose, and neither the faith and credit nor the taxing power of the state or any political subdivision thereof is pledged to the payment of the principal of or the interest on the bonds; do not constitute an indebtedness of the state or any political subdivision of the state; are secured solely by and payable solely from the tobacco receipts sold to the corporation and other moneys of the corporation; and do not constitute a general, legal, or moral obligation of the state or any political subdivisions thereof, and that the state has no obligation or intention to satisfy any deficiency or default of any payment of the bonds.History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-16 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-16 - Annual report and audit.

§ 42-133-16. Annual report and audit.Within four (4) months after the end of each fiscal year, the board shall approve and submit an annual report to the governor, the speaker of the house of representatives, the president of the senate, and the secretary of state of its activities during that fiscal year. The report shall provide: an operating statement summarizing meetings or hearings held, subjects addressed, decisions rendered, rules or regulations promulgated, studies conducted, policies and plans developed, approved, or modified, and programs administered or initiated; a consolidated financial statement of all funds received and expended including the source of the funds, a listing of any staff supported by these funds, and a summary of any clerical, administrative or technical support received; a summary of performance during the previous fiscal year including accomplishments, shortcomings and remedies; a synopsis of hearings, complaints, suspensions, or other legal matters related to the authority of the commission; a summary of any training courses held pursuant to subdivision 42-133-6(a)(3); a briefing on anticipated activities in the upcoming fiscal year; and findings and recommendations for improvements. The report shall be posted electronically on the general assembly and the secretary of state's websites as prescribed in § 42-20-8.2. The director of the department of administration shall be responsible for the enforcement of this provision. The corporation shall cause an independent audit of its books and accounts to be made at least once each fiscal year. The fiscal year of the corporation shall commence on each July 1.History of Section.P.L. 2002, ch. 65, art. 8, § 1; P.L. 2005, ch. 241, § 5; P.L. 2005, ch. 319, § 5.
RI Gen L § 42-133-17 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-17 - Attorney general.

§ 42-133-17. Attorney general.Nothing in this chapter shall be construed as in any way modifying or limiting, and the state does hereby pledge to and agree with the holders of any bonds issued under this chapter that the state will not modify or limit, the responsibility of the attorney general to administer, protect and discharge all duties, rights and obligations of the state under the master settlement agreement and the qualifying statute.History of Section.P.L. 2002, ch. 65, art. 8, § 1.
RI Gen L § 42-133-18 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-133 - Tobacco Settlement Financing Corporation Act|Section 42-133-18 - Chapter controlling over inconsistent provisions.

§ 42-133-18. Chapter controlling over inconsistent provisions.Insofar as the provisions of this chapter are inconsistent with the provisions of any other law or ordinance, general, special or local, the provisions of this chapter shall be controlling.History of Section.P.L. 2002, ch. 65, art. 8, § 1.