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Form a Business

Termination of proprietary leases.

R.I. Gen. Laws § 7-6.1-12
in effect
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7-6.1-12. Termination of proprietary leases. A cooperative housing corporation may terminate all of its proprietary leases, but only by agreement of proprietary lessees holding at least eighty percent (80%) of its stock or any larger percentage than specified in the articles or bylaws. P.L. 1986, ch. 256, § 1.
Source: State of Rhode Island General Assembly (rilegislature.gov)URL: https://webserver.rilegislature.gov/Statutes/TITLE7/7-6.1/7-6.1-12.htmFetched: 10/20/2026

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