Rhode Island § 27-4.2-7 § 27-4.2-7. Existing agreements.

Rhode Island Statutes

§ 27-4.2-7 — § 27-4.2-7. Existing agreements.

Rhode Island § 27-4.2-7

Title 27Insurance

Ch. 27-4.2Life and Health Reinsurance Agreements Act

This text of Rhode Island § 27-4.2-7 (§ 27-4.2-7. Existing agreements.) 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 § 27-4.2-7 (2026).

Text

§ 27-4.2-7. Existing agreements.
Insurers subject to this act shall reduce to zero by December 31, 1997, any reserve
            credits or assets established with respect to reinsurance agreements entered into
            prior to the effective date of this act which, under the provisions of this act would
            not be entitled to recognition of the reserve credits or assets; provided, however,
            that the reinsurance agreements shall have been in compliance with laws or regulations
            in existence immediately preceding the effective date of this act.
         

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§ 27-4.2-7. Existing agreements.

Insurers subject to this act shall reduce to zero by December 31, 1997, any reserve credits or assets established with respect to reinsurance agreements entered into prior to the effective date of this act which, under the provisions of this act would not be entitled to recognition of the reserve credits or assets; provided, however, that the reinsurance agreements shall have been in compliance with laws or regulations in existence immediately preceding the effective date of this act.