Rhode Island § 27-17-13 § 27-17-13. Certificate of deposit by foreign exchange or interinsurer.

Rhode Island Statutes

§ 27-17-13 — § 27-17-13. Certificate of deposit by foreign exchange or interinsurer.

Rhode Island·Title 27 Insurance·Ch. 27-17 Reciprocal Exchanges and Interinsurers

§ 27-17-13. Certificate of deposit by foreign exchange or interinsurer.
A foreign reciprocal exchange or interinsurer shall, before being authorized to do
            business in this state, furnish to the commissioner a certificate issued by a state
            treasurer or other state financial officer of the state where its principal place
            of business is located, that there has been deposited with him or her either in cash
            or securities the sum of one hundred thousand dollars ($100,000) for the benefit of
            all policyholders.
         

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§ 27-17-13. Certificate of deposit by foreign exchange or interinsurer.

A foreign reciprocal exchange or interinsurer shall, before being authorized to do business in this state, furnish to the commissioner a certificate issued by a state treasurer or other state financial officer of the state where its principal place of business is located, that there has been deposited with him or her either in cash or securities the sum of one hundred thousand dollars ($100,000) for the benefit of all policyholders.

Rhode Island § 27-17-13 (§ 27-17-13. Certificate of deposit by foreign exchange or interinsurer.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.