Rhode Island § 27-48-5 § 27-48-5. Disclosure.

Rhode Island Statutes

§ 27-48-5 — § 27-48-5. Disclosure.

Rhode Island § 27-48-5

Title 27Insurance

Ch. 27-48Business Transacted with Producer Controlled Insurer Act

This text of Rhode Island § 27-48-5 (§ 27-48-5. Disclosure.) 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 § 27-48-5 (2026).

Text

§ 27-48-5. Disclosure.
The producer, prior to the effective date of the policy, shall deliver written notice
            to the prospective insured disclosing the relationship between the producer and the
            controlled insurer; except that, if the business is placed through a subproducer who
            is not a controlling producer, the controlling producer shall retain in his or her
            records a signed commitment from the subproducer that the subproducer is aware of
            the relationship between the insurer and the producer and that the subproducer has
            notified or will notify the insured.
         

Free access — add to your briefcase to read the full text and ask questions with AI

§ 27-48-5. Disclosure.

The producer, prior to the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the producer and the controlled insurer; except that, if the business is placed through a subproducer who is not a controlling producer, the controlling producer shall retain in his or her records a signed commitment from the subproducer that the subproducer is aware of the relationship between the insurer and the producer and that the subproducer has notified or will notify the insured.