Rhode Island § 45-27-17 - Housing Authority Bonds and Obligations

§ 45-27-17. Validation of prior agreements.

All agreements, and undertakings of housing authorities established pursuant to the housing authorities law, entered into before March 8, 1943, relating to financing or aiding in the development or operation of any housing projects, including (without limiting the generality of the foregoing) loan and annual contributions contracts, agency contracts, and leases, agreements with municipalities or other public bodies (including those pledged or authorized to be pledged for the protection of the holders of any notes or bonds issued by housing authorities or which are otherwise made a part of the contract with those holders of notes or bonds) relating to cooperation in aid of housing projects, furnishing of municipal services and facilities and the elimination of unsafe and unsanitary dwellings, and contracts for the construction of housing projects, together with all proceedings, acts, and things undertaken or done before March 8, 1943 with reference thereto, are hereby validated, and declared legal in all respects.