§ 45-59-8 - The authority.
SECTION 45-59-8
§ 45-59-8 The authority. – The district management authority thus created will be a body corporate andpolitic and an instrumentality and agency of the municipality within which themanagement district is located but having a distinct legal existence from themunicipality. It is hereby declared that in exercising the powers granted to itby this chapter, the district management authority will exercise public andessential governmental functions of the municipality. No part of the netearnings of the district management authority will be distributable to, orinure to the benefit of, any private person.