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R.I. Gen. Laws tit. 27, ch. 14.3 – Insurers’ Rehabilitation and Liquidation Act | Midpage
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Rhode Island General Laws
Title 27
Chapter 27-14.3
R.I. Gen. Laws tit. 27, ch. 14.3
Insurers’ Rehabilitation and Liquidation Act
27-14.3-1
Short title — Construction — Purpose
27-14.3-2
Applicability
27-14.3-3
Definitions
27-14.3-4
Jurisdiction and venue
27-14.3-5
Injunctions and orders
27-14.3-6
Cooperation of officers, owners, and employees
27-14.3-8
Condition on release from delinquency proceedings
27-14.3-9
Immunity and indemnification of the receiver and employees
27-14.3-10
Court’s seizure order
27-14.3-11
Commencement of formal delinquency proceeding
27-14.3-12
Return of summons and summary hearing
27-14.3-13
Proceedings for expedited trial — Continuances, discovery, and evidence
27-14.3-14
Decision and appeals
27-14.3-15
Confidentiality of hearings
27-14.3-16
Grounds for rehabilitation
27-14.3-17
Rehabilitation order
27-14.3-18
Powers and duties of rehabilitator
27-14.3-19
Actions by and against rehabilitator
27-14.3-20
Termination of rehabilitation
27-14.3-21
Grounds for liquidation
27-14.3-22
Liquidation orders
27-14.3-22.1
Grounds for rehabilitation or liquidation of a domestic company that is a covered financial company under Dodd-Frank Wall Street Reform and Consumer Protection Act
27-14.3-23
Continuance of coverage
27-14.3-24
Dissolution of insurer
27-14.3-25
Powers of liquidator
27-14.3-26
Notice to creditors and others
27-14.3-27
Duties of agents or insurance producers
27-14.3-28
Actions by and against liquidator
27-14.3-29
Collection and list of assets
27-14.3-30
Fraudulent transfers prior to petition
27-14.3-31
Fraudulent transfer after petition
27-14.3-32
Voidable preferences and liens
27-14.3-33
Claims of holders of void or voidable rights
27-14.3-34
Setoffs
27-14.3-35
Assessments
27-14.3-36
Reinsurer’s liability
27-14.3-37
Recovery of premiums owed
27-14.3-38
Domiciliary liquidator’s proposal to distribute assets
27-14.3-39
Filing of claims
27-14.3-40
Proof of claim
27-14.3-41
Special claims
27-14.3-42
Special provisions for third-party claims
27-14.3-43
Disputed claims
27-14.3-44
Claims of surety
27-14.3-45
Secured creditor’s claims
27-14.3-46
Priority of distribution
27-14.3-46.1
Insurer assessments
27-14.3-47
Liquidator’s recommendations to the court
27-14.3-48
Distribution of assets
27-14.3-49
Unclaimed and withheld funds
27-14.3-50
Termination of proceedings
27-14.3-51
Reopening liquidation
27-14.3-52
Disposition of records during and after termination of liquidation
27-14.3-53
External audit of receiver’s books
27-14.3-54
Conservation of property of foreign or alien insurers found in this state
27-14.3-55
Liquidation of property of foreign or alien insurers found in this state
27-14.3-56
Domiciliary liquidators in other states
27-14.3-57
Ancillary formal proceedings
27-14.3-58
Ancillary summary proceedings
27-14.3-59
Claims of nonresidents against insurers domiciled in this state
27-14.3-60
Claims of residents against insurers domiciled in reciprocal states
27-14.3-61
Attachment, garnishment, and levy of execution
27-14.3-62
Interstate priorities
27-14.3-63
Subordination of claims for noncooperation
27-14.3-64
Severability
27-14.3-65
Rules and regulations