All assets presently held by the Newport and Bristol tourism and convention authority are transferred to the corporation created by this chapter. Assets include all property, tangible and intangible, whether located within or without the state. Whenever in the general laws or any public law reference is made to the Newport and Bristol tourism and convention authority, the Newport and Bristol County convention and visitors’ bureau dba Discover Newport shall be substituted, and the bureau shall assume all responsibilities and rights as may be set forth in the general or public law.
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