Introduced By: Representatives SanBento and Montalbano
Date Introduced : June 2, 1998
It is enacted by the General Assembly as follows:
SECTION 1. Richard I. Gouse, Stephen Meltzer and Marcia Gilman are hereby constituted a body corporate by the name of New England Institute of Technology and they and their associates and successors as shall hereafter be duly elected members of such corporation shall be and remain a body corporate by that name forever, with all of the powers and authority conferred by chapter 6 of title 7 of the general laws of Rhode Island.
SECTION 2. Said corporation shall be known by the name of New England Institute of Technology.
SECTION 3. Said corporation is constituted for the purpose of offering programs and courses of study and instruction either customary or appropriate in a junior college and in a four-year college, looking to attainment by its students of associate degrees, baccalaureate degrees and also both technical and nontechnical courses and programs of study designed to fulfill special occupational or educational needs and requirements in the nation and in the Rhode Island community and whether or not leading to degrees, and in addition, programs and courses of study to prepare qualified students for transfer to other institutions of learning; administering and grading educational and vocational tests; rendering counseling and placement services to students; and doing all things necessary, desirable, customary or appropriate for colleges and universities.
SECTION 4. Said corporation shall be operated as a nonprofit corporation and shall be operated exclusively for educational purposes and no part of the net earnings of said corporation shall inure to the benefit of any private individual and no substantial part of the corporation's activities shall consist of the carrying on of propaganda or otherwise attempting to influence legislation.
SECTION 5. The real and personal property of the corporation shall be exempt from state and local taxes so long as said property is utilized for the purposes set forth in section 3 hereof.
SECTION 6. No person shall be refused admission as a student to any school or educational institution operated by said corporation, nor shall any person be denied any of the privileges or honors of any school or educational institution operated by said corporation, on account of religion, race, color, national origin, sex, disability or sexual orientation.
SECTION 7. Said corporation shall have power and authority to confer associate degrees and baccalaureate degrees upon students satisfactorily completing requisite courses of study, and to confer such other degrees, earned and honorary, as are usually conferred by colleges and universities.
SECTION 8. Said corporation shall succeed to and shall possess all rights, privileges, immunities and powers and shall be subject to all the duties and liabilities of the predecessor corporation known as New England Institute of Rhode Island, a nonbusiness corporation incorporated on July 16, 1966.
SECTION 9. This act shall take effect upon passage.