Rhode Island § 27-33-2 § 27-33-2. Participation.

Rhode Island Statutes

§ 27-33-2 — § 27-33-2. Participation.

Rhode Island § 27-33-2

Title 27Insurance

Ch. 27-33Federal Riot Reinsurance Reimbursement Fund

This text of Rhode Island § 27-33-2 (§ 27-33-2. Participation.) 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 § 27-33-2 (2026).

Text

§ 27-33-2. Participation.
Each domestic insurer and all insurers licensed to write those classes of insurance
            listed in §§ 27-8-1 and 27-8-3 in the state, on a direct basis, shall participate in the basic property insurance
            and placement program established in this state in furtherance of 12 U.S.C. § 1749bbb et seq., commonly known as the FAIR (Fair Access to Insurance Requirements) plan.
            Failure to comply with this provision may be grounds for revocation, suspension, or
            nonrenewal of any license.
         

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§ 27-33-2. Participation.

Each domestic insurer and all insurers licensed to write those classes of insurance listed in §§ 27-8-1 and 27-8-3 in the state, on a direct basis, shall participate in the basic property insurance and placement program established in this state in furtherance of 12 U.S.C. § 1749bbb et seq., commonly known as the FAIR (Fair Access to Insurance Requirements) plan. Failure to comply with this provision may be grounds for revocation, suspension, or nonrenewal of any license.