Rhode Island § 27-1.2-5 § 27-1.2-5. Contents of corporate governance annual disclosure.

Rhode Island Statutes

§ 27-1.2-5 — § 27-1.2-5. Contents of corporate governance annual disclosure.

Rhode Island § 27-1.2-5

Title 27Insurance

Ch. 27-1.2Corporate Governance Annual Disclosure

This text of Rhode Island § 27-1.2-5 (§ 27-1.2-5. Contents of corporate governance annual disclosure.) 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 § 27-1.2-5 (2026).

Text

§ 27-1.2-5. Contents of corporate governance annual disclosure.
(a) The insurer or insurance group shall have discretion over the responses to the CGAD
            inquiries, provided the CGAD shall contain the material information necessary to permit
            the commissioner to obtain an understanding of the insurer's or group's corporate
            governance structure, policies, and practices. The commissioner may request additional
            information that the commissioner deems material and necessary to provide the commissioner
            with a clear understanding of the corporate governance policies; the reporting or
            information system; or controls implementing those policies.
       

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§ 27-1.2-5. Contents of corporate governance annual disclosure.

(a) The insurer or insurance group shall have discretion over the responses to the CGAD inquiries, provided the CGAD shall contain the material information necessary to permit the commissioner to obtain an understanding of the insurer's or group's corporate governance structure, policies, and practices. The commissioner may request additional information that the commissioner deems material and necessary to provide the commissioner with a clear understanding of the corporate governance policies; the reporting or information system; or controls implementing those policies.

(b) Notwithstanding subsection (a), the CGAD shall be prepared consistent with the corporate governance annual disclosure regulation adopted by the division of insurance and supporting information shall be maintained and made available upon examination or upon request of the commissioner.