Rhode Island § 27-11.1-1 § 27-11.1-1. Maximum investments in real property.

Rhode Island Statutes

§ 27-11.1-1 — § 27-11.1-1. Maximum investments in real property.

Rhode Island § 27-11.1-1

Title 27Insurance

Ch. 27-11.1Investments by Domestic Insurance Companies

This text of Rhode Island § 27-11.1-1 (§ 27-11.1-1. Maximum investments in real property.) 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 § 27-11.1-1 (2026).

Text

§ 27-11.1-1. Maximum investments in real property.
No domestic insurance company shall purchase, lease, hold, or improve any real property
            if the cost or value of the property, or the cost of the improvements on it, or all
            of them on the date of the purchase, lease, or acquisition, plus the book value on
            that date of all real property held by the company, exceeds twenty percent (20%) of
            its admitted assets.
         

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§ 27-11.1-1. Maximum investments in real property.

No domestic insurance company shall purchase, lease, hold, or improve any real property if the cost or value of the property, or the cost of the improvements on it, or all of them on the date of the purchase, lease, or acquisition, plus the book value on that date of all real property held by the company, exceeds twenty percent (20%) of its admitted assets.