Rhode Island § 27-5-13 § 27-5-13. Mutual membership not acquired by reinsurance.

Rhode Island Statutes

§ 27-5-13 — § 27-5-13. Mutual membership not acquired by reinsurance.

Rhode Island·Title 27 Insurance·Ch. 27-5 Fire Insurance Policies and Reserves

§ 27-5-13. Mutual membership not acquired by reinsurance.
Any mutual company of this or any other state ceding reinsurance to a similar company
            shall not, unless the contract of reinsurance provides, become a member of the company
            accepting the reinsurance, or be entitled to any dividend or expiration return of
            premium or of unabsorbed premium deposit, or be subject to liability to assessment.
         

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§ 27-5-13. Mutual membership not acquired by reinsurance.

Any mutual company of this or any other state ceding reinsurance to a similar company shall not, unless the contract of reinsurance provides, become a member of the company accepting the reinsurance, or be entitled to any dividend or expiration return of premium or of unabsorbed premium deposit, or be subject to liability to assessment.

Rhode Island § 27-5-13 (§ 27-5-13. Mutual membership not acquired by reinsurance.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.