Rhode Island § 27-2.6-8 § 27-2.6-8. Admitted asset standards.

Rhode Island Statutes

§ 27-2.6-8 — § 27-2.6-8. Admitted asset standards.

Rhode Island § 27-2.6-8

Title 27Insurance

Ch. 27-2.6Rhode Island Title Insurers Act

This text of Rhode Island § 27-2.6-8 (§ 27-2.6-8. Admitted asset standards.) 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 § 27-2.6-8 (2026).

Text

§ 27-2.6-8. Admitted asset standards.
In determining the financial condition of a title insurer doing business under this
            chapter, the investment provisions of chapters 11 and 11.1 of this title shall apply,
            except that an investment in a title plant or plants in an amount equal to the actual
            cost shall be allowed as an admitted asset for title insurers. The aggregate amount
            of the investment shall not exceed the lesser of twenty percent (20%) of admitted
            assets or forty percent (40%) of surplus to policyholders, as shown on the most recent
            annual statement of the title insurer on file with the commissioner.
         

Free access — add to your briefcase to read the full text and ask questions with AI

§ 27-2.6-8. Admitted asset standards.

In determining the financial condition of a title insurer doing business under this chapter, the investment provisions of chapters 11 and 11.1 of this title shall apply, except that an investment in a title plant or plants in an amount equal to the actual cost shall be allowed as an admitted asset for title insurers. The aggregate amount of the investment shall not exceed the lesser of twenty percent (20%) of admitted assets or forty percent (40%) of surplus to policyholders, as shown on the most recent annual statement of the title insurer on file with the commissioner.