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Council authorizes town administrator to sign MOU transferring business registration to state
Summary
Richmond authorized the town administrator to sign a memorandum of understanding allowing the Rhode Island Department of State to take over trade-name and business registration listings; council confirmed the town will retain access to the data under the agreement.
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Council was briefed that the Rhode Island Department of State will take over trade-name and business registration listings statewide and that Richmond is prepared to transfer its registry. Staff said the change followed legislation and the town needs to enter a memorandum of understanding (MOU) to transfer the data.
A councilor moved to authorize the town administrator to sign the MOU with the Department of State, and the motion was seconded. Councilors asked whether the town would retain access to the registration data; staff confirmed the state will provide the town with the information it receives so the town preserves practical access even though the state will maintain the master list.
The council approved the authorization by roll call.
No financial terms were discussed at length during the meeting; staff described the action as an administrative step to comply with state law and prepare town records for transition.

