Rhode Island § 27-1-16 § 27-1-16. Powers of receiver — Removal and control by court.

Rhode Island Statutes

§ 27-1-16 — § 27-1-16. Powers of receiver — Removal and control by court.

Rhode Island § 27-1-16

Title 27Insurance

Ch. 27-1Domestic Insurance Companies

This text of Rhode Island § 27-1-16 (§ 27-1-16. Powers of receiver — Removal and control by court.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 27-1-16 (2026).

Text

§ 27-1-16. Powers of receiver — Removal and control by court.
The receiver shall be clothed with all of the powers and rights, in respect of the
            collection of debts due to the corporation, which the corporation possessed by virtue
            of its charter or otherwise before the injunction issued, and may be removed and another
            may be appointed by the court in his or her stead. The court shall have the same power
            and authority over the receiver, the receiver's acts, proceedings, and accounts, as
            is exercised by courts of equity in similar cases.
         

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§ 27-1-16. Powers of receiver — Removal and control by court.

The receiver shall be clothed with all of the powers and rights, in respect of the collection of debts due to the corporation, which the corporation possessed by virtue of its charter or otherwise before the injunction issued, and may be removed and another may be appointed by the court in his or her stead. The court shall have the same power and authority over the receiver, the receiver's acts, proceedings, and accounts, as is exercised by courts of equity in similar cases.