These By-Laws, the powers of the corporation and of its directors concerning the conduct and regulation of the business of the corporation shall be subject to such provisions in regard thereto as are set forth in the “Rhode Island Education Building Corporation Act” adopted by the General Assembly of the State Rhode Island as Public Laws 1967, Chapter 56, as amended, and as such Act may be amended from time to time (hereinafterm as such act may be amended from time to time by the General Assembly called “the Act”).
Section 1. Principal Office
The principal office of the corporation shall be .at 40D Westminster Street, Second Floor, Providence, Rhode Island, or at such other place as the Board of Directors may designate.
Board of Directors
Section 1: Directors and Their Powers
The Board of Directors shall have and may exercise all the powers of the corporation. The Board of Directors shall be appointed as provided in Section 4 of the Act.