R.I. Gen. Laws tit. 27, ch. 1 – Domestic Insurance Companies | Midpage

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Rhode Island General Laws

Chapter 27-1

R.I. Gen. Laws tit. 27, ch. 1

Domestic Insurance Companies

27-1-1Site of principal office and records 27-1-1.1Telephone number — Toll-free or collect 27-1-2Special stockholders’ meetings — Notice — Quorum 27-1-2.1Corporate governance standards 27-1-3Stock assessments to meet deficits 27-1-4Power of companies to comply with tax and license laws not held invalid 27-1-5Deposits with general treasurer to comply with laws of other states 27-1-6Holding of deposits — Income — Replacement 27-1-7Certificate of deposits 27-1-8Return of deposit on termination of business 27-1-9Examinations to ascertain market value of securities deposited — Deficiencies 27-1-10State not liable for deposits 27-1-11Visitation and examination of insurance companies 27-1-12Summons of witnesses — Obstruction or refusal to testify 27-1-13Citation for forfeiture of charter for unsafe practices 27-1-14Decree of forfeiture — Receiver 27-1-15Collection and distribution of assets by receiver — Reinsurance 27-1-16Powers of receiver — Removal and control by court 27-1-16.1Sale by receiver of charter and licenses 27-1-16.2Court-approved settlements 27-1-17Stay of executions and process against company 27-1-18Limited injunction without receivership 27-1-19Declaration of forfeiture 27-1-20Temporary injunction 27-1-21Failure to deliver property or records to receiver 27-1-22Assessments by receiver of mutual company 27-1-23Plan for reorganization of company in receivership — Application for submission of plan to creditors and stockholders 27-1-24Meetings to approve reorganization plan — Filing of approved plan 27-1-25Decree approving reorganization plan — Binding effect 27-1-26Principles for classification of creditors and stockholders 27-1-27Severability 27-1-28Proxies, consents, and authorizations in respect to any equity security issued by a domestic insurer 27-1-29Reports of directors, officers, and principal shareholders 27-1-30Liability of directors, officers, and shareholders 27-1-31Prohibited sales of securities 27-1-32Exempted sales of dealers 27-1-33Exempted arbitrage transactions 27-1-34Definitions 27-1-35Companies not subject to securities regulations 27-1-36Regulations of “insider trading”27-1-37Minimum capital and surplus requirement — Charters 27-1-38Acquisition of minority interests in subsidiary insurers 27-1-39Discrimination in rates prohibited 27-1-40Conversion to stock form of organization 27-1-40.1Mutual insurance holding companies 27-1-42Maximum amount of single risk 27-1-43Applicability 27-1-44Prohibition on the pledging of stock 27-1-45Determination of premium tax rate 27-1-46Information security program 27-1-47Notification of a cybersecurity event