The bill amends various sections of the General Laws concerning the University of Rhode Island by establishing a Board of Trustees as a public corporation with enhanced authority to manage university property, enter contracts, and oversee employment matters. Key provisions include the board's ability to adopt its own procurement rules, exempting it from certain state purchasing laws, and allowing it to create internal audit functions. The bill also outlines the board's responsibilities in evaluating university performance and ensuring compliance with educational standards.

Additionally, the bill introduces a new section that addresses tort claims against the Board of Trustees, defining its liability and the procedures for presenting claims. It specifies that the board is liable for injuries caused by its employees within the scope of their employment, while establishing limitations on damages and a timeframe for filing claims. The bill also includes provisions that clarify the board's liability regarding conditions of public property and joint tortfeasors, as well as requirements for the presentation of claims and limitations on damages.

Furthermore, the bill amends Section 35-18-3 regarding public corporation debt management, requiring prior approval from the general assembly for certain financing activities, while adding the University of Rhode Island and its board of trustees to the list of entities exempt from this requirement under specific conditions. Overall, the bill aims to enhance the board's operational autonomy and clarify its legal responsibilities while ensuring accountability in governance and financial matters.

Statutes affected:
440: 35-18-3