Chapter 278
2008 -- S 2215
Enacted 07/08/08
A N A C T
RELATING
TO AN AMENDMENT OF AN ACT PASSED BY THE GENERAL ASSEMBLY
AT
ITS FEBRUARY SESSION, 1814, ENTITLED "AN ACT TO INCORPORATE JOHN S.
DEXTER,
DANIEL LYMAN, SAMUEL SNOW, AND OTHERS, INTO A SOCIETY BY THE
NAME
OF THE SOCIETY OF CINCINNATI IN THE STATE OF RHODE ISLAND AND
PROVIDENCE
PLANTATIONS" AND OF ALL ACTS IN AMENDMENTS THEREOF
Introduced
By: Senator June N. Gibbs
Date
Introduced: February 06, 2008
It is enacted by the General Assembly as
follows:
SECTION 1.An act
entitled “An act to incorporate John S. Dexter, Daniel Lyman,
Samuel Snow, and others into society by the name
of the society of Cincinnati in the State of
Rhode Island and Providence Plantations” as
heretofore amended, is hereby further amended by
adding the following as Section 4: “Section 4.
Upon the dissolution of The Society of Cincinnati
in the State of Rhode Island and Providence
Plantations, assets shall be distributed for one or
more exempt purposes within the meaning of
section 501(c)(3) of the Internal Revenue Code, or
corresponding section of any future federal tax
code, or shall be distributed to the federal
government, or to a state or local government,
for a public purpose.”
SECTION 2. This
act shall take effect upon passage.
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LC00960
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