Rhode Island § 27-29-1 § 27-29-1. Declaration of purpose.

Rhode Island Statutes

§ 27-29-1 — § 27-29-1. Declaration of purpose.

Rhode Island § 27-29-1

Title 27Insurance

Ch. 27-29Unfair Competition and Practices

This text of Rhode Island § 27-29-1 (§ 27-29-1. Declaration of purpose.) 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 § 27-29-1 (2026).

Text

§ 27-29-1. Declaration of purpose.
The purpose of this chapter is to regulate trade practices in the business of insurance
            in accordance with the intent of Congress as expressed in 15 U.S.C. § 1011 et seq., by defining, or providing for the determination of, all trade practices
            in this state that constitute unfair methods of competition or unfair or deceptive
            acts or practices, and by prohibiting the trade practices so defined or determined.
            Nothing in this chapter shall be construed to create or imply a private cause of action
            for a violation of this chapter.
         

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§ 27-29-1. Declaration of purpose.

The purpose of this chapter is to regulate trade practices in the business of insurance in accordance with the intent of Congress as expressed in 15 U.S.C. § 1011 et seq., by defining, or providing for the determination of, all trade practices in this state that constitute unfair methods of competition or unfair or deceptive acts or practices, and by prohibiting the trade practices so defined or determined. Nothing in this chapter shall be construed to create or imply a private cause of action for a violation of this chapter.