Rhode Island Statutes

§ 27-33-8 — § 27-33-8. Insolvency.

Rhode Island § 27-33-8
JurisdictionRhode Island
Title 27Insurance
Ch. 27-33Federal Riot Reinsurance Reimbursement Fund

This text of Rhode Island § 27-33-8 (§ 27-33-8. Insolvency.) 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 § 27-33-8 (2026).

Text

§ 27-33-8. Insolvency.

In the event any insurer fails, by reason of insolvency, to pay any assessment, the fund shall cause the reimbursement ratios, computed under § 27-33-6, to be immediately recalculated, excluding from them the insolvent insurer, so that its assessment is in effect, assumed, and redistributed among the remaining insurers.

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Legislative History

P.L. 1969, ch. 211, § 1.

Nearby Sections

15
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Bluebook (online)
Rhode Island § 27-33-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/27-33-8.