Rhode Island § 27-14.4-14 § 27-14.4-14. Special deposit claims.

Rhode Island Statutes

§ 27-14.4-14 — § 27-14.4-14. Special deposit claims.

Rhode Island § 27-14.4-14

Title 27Insurance

Ch. 27-14.4Uniform Insurers Liquidation Act

This text of Rhode Island § 27-14.4-14 (§ 27-14.4-14. Special deposit claims.) 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 § 27-14.4-14 (2026).

Text

§ 27-14.4-14. Special deposit claims.
The owners of special deposit claims against an insurer for which a receiver is appointed
            in this or any other state shall be given priority against their several special deposits
            in accordance with the provisions of the statutes governing the creation and maintenance
            of special deposits. If there is a deficiency in any special deposit so that the claims
            secured by the special deposit are not fully discharged, the claimants may share in
            the general assets, but any sharing shall be deferred until general creditors, and
            also claimants against other special deposits who have received smaller percentages
           

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§ 27-14.4-14. Special deposit claims.

The owners of special deposit claims against an insurer for which a receiver is appointed in this or any other state shall be given priority against their several special deposits in accordance with the provisions of the statutes governing the creation and maintenance of special deposits. If there is a deficiency in any special deposit so that the claims secured by the special deposit are not fully discharged, the claimants may share in the general assets, but any sharing shall be deferred until general creditors, and also claimants against other special deposits who have received smaller percentages from their respective special deposits, have been paid percentages of their claims equal to the percentage paid from the special deposit.