Exemption from taxation

R.I. Gen. Laws § 16-32.1-7., under Chapter 16-32.1 The University of Rhode Island Research Foundation Act [See Title 16 Chapter 97 — The Rhode Island Board of Education Act].

R.I. Gen. Laws § 16-32.1-7.

The research foundation, its franchise, income and all of its intellectual and personal assets, where-so-ever situated, shall be exempt from all taxation by the state and any agency thereof and any municipal corporation therein.