§ 45-2-4. Power to own property and make contracts. Cities and towns may take, purchase, and hold real and personal property, and alienate and convey the property; and may also take, hold, and manage the property in trust for any charitable, other than religious, uses, and may make all contracts, including lease or lease-purchase agreements of real and personal property, necessary and convenient for the transaction of the business of the city or town.
History of Section. (G.L. 1896, ch. 36, § 2; G.L. 1909, ch. 46, § 2; G.L. 1923, ch. 47, § 2; G.L. 1938, ch. 329, § 2; P.L. 1970, ch. 265, § 1.)
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