Rhode Island § 27-14.3-63 § 27-14.3-63. Subordination of claims for noncooperation.

Rhode Island Statutes

§ 27-14.3-63 — § 27-14.3-63. Subordination of claims for noncooperation.

Rhode Island § 27-14.3-63

Title 27Insurance

Ch. 27-14.3Insurersâ€™ Rehabilitation and Liquidation Act

This text of Rhode Island § 27-14.3-63 (§ 27-14.3-63. Subordination of claims for noncooperation.) 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 § 27-14.3-63 (2026).

Text

§ 27-14.3-63. Subordination of claims for noncooperation.
If an ancillary receiver in another state or foreign country, whether called by that
            name or not, fails to transfer to the domiciliary liquidator in this state any assets
            within his or her control other than special deposits, diminished only by the expenses
            of the ancillary receivership, if any, the claims filed in the ancillary receivership
            other than special deposit claims or secured claims shall be placed in the class of
            claims under § 27-14.3-46(a)(8).
         

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§ 27-14.3-63. Subordination of claims for noncooperation.

If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this state any assets within his or her control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership other than special deposit claims or secured claims shall be placed in the class of claims under § 27-14.3-46(a)(8).