Rhode Island § 27-1-35 § 27-1-35. Companies not subject to securities regulations.

Rhode Island Statutes

§ 27-1-35 — § 27-1-35. Companies not subject to securities regulations.

Rhode Island § 27-1-35

Title 27Insurance

Ch. 27-1Domestic Insurance Companies

This text of Rhode Island § 27-1-35 (§ 27-1-35. Companies not subject to securities regulations.) 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 § 27-1-35 (2026).

Text

§ 27-1-35. Companies not subject to securities regulations.

The provisions of §§ 27-1-29 — 27-1-31 shall not apply to equity securities of a domestic stock insurance company if:

(1)the securities shall be registered, pursuant to 15 U.S.C. § 78l; or if (2) the domestic stock insurance company shall not have any class of its equity securities held of record by five hundred (500) or more persons on the last business day of the year next preceding the year in which equity securities of the company would be subject to the provisions of §§ 27-1-29 — 27-1-31 except for the provisions of this clause.

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§ 27-1-35. Companies not subject to securities regulations.

The provisions of §§ 27-1-29 — 27-1-31 shall not apply to equity securities of a domestic stock insurance company if: (1) the securities shall be registered, pursuant to 15 U.S.C. § 78l; or if (2) the domestic stock insurance company shall not have any class of its equity securities held of record by five hundred (500) or more persons on the last business day of the year next preceding the year in which equity securities of the company would be subject to the provisions of §§ 27-1-29 — 27-1-31 except for the provisions of this clause.