Rhode Island § 27-34.3-20 § 27-34.3-20. Prospective application.

Rhode Island Statutes

§ 27-34.3-20 — § 27-34.3-20. Prospective application.

Rhode Island § 27-34.3-20

Title 27Insurance

Ch. 27-34.3Rhode Island Life and Health Insurance Guaranty Association Act

This text of Rhode Island § 27-34.3-20 (§ 27-34.3-20. Prospective application.) 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 § 27-34.3-20 (2026).

Text

§ 27-34.3-20. Prospective application.
This chapter shall not apply to any insurer that is insolvent or unable to fulfill
            its contractual obligations prior to January 1, 1996, and any such insurer shall be
            subject to the provisions under chapter 34.1 [repealed] of this title. Nothing in
            this chapter shall be construed to require an insurer to recompute its assessment
            bases for any year prior to January 1, 2005, and any assessment bases computed between
            January 1, 1966, and December 31, 2004, are hereby acknowledged and recognized as
            factual on the basis of premium date collected from or reported by member insurers
            with respect to those y

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§ 27-34.3-20. Prospective application.

This chapter shall not apply to any insurer that is insolvent or unable to fulfill its contractual obligations prior to January 1, 1996, and any such insurer shall be subject to the provisions under chapter 34.1 [repealed] of this title. Nothing in this chapter shall be construed to require an insurer to recompute its assessment bases for any year prior to January 1, 2005, and any assessment bases computed between January 1, 1966, and December 31, 2004, are hereby acknowledged and recognized as factual on the basis of premium date collected from or reported by member insurers with respect to those years.