Rhode Island § 27-5-15 § 27-5-15. Power to create guaranty surplus and special reserve funds.

Rhode Island Statutes

§ 27-5-15 — § 27-5-15. Power to create guaranty surplus and special reserve funds.

Rhode Island § 27-5-15

Title 27Insurance

Ch. 27-5Fire Insurance Policies and Reserves

This text of Rhode Island § 27-5-15 (§ 27-5-15. Power to create guaranty surplus and special reserve funds.) 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 § 27-5-15 (2026).

Text

§ 27-5-15. Power to create guaranty surplus and special reserve funds.
Any insurance company organized under the laws of this state authorized to transact
            a fire insurance business may create the funds provided for in §§ 27-5-16 — 27-5-31, to be known and designated as the guaranty surplus fund and the special reserve
            fund, and may avail itself of the provisions of this section and §§ 27-5-16 — 27-5-31, upon complying with the requirements of those sections.
         

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§ 27-5-15. Power to create guaranty surplus and special reserve funds.

Any insurance company organized under the laws of this state authorized to transact a fire insurance business may create the funds provided for in §§ 27-5-16 — 27-5-31, to be known and designated as the guaranty surplus fund and the special reserve fund, and may avail itself of the provisions of this section and §§ 27-5-16 — 27-5-31, upon complying with the requirements of those sections.

Legislative History

P.L. 1907, ch. 1438, § 1; G.L. 1909, ch. 219, § 26; G.L. 1923, ch. 255, § 26; G.L. 1938, ch. 150, § 25; G.L. 1956, § 27-5-15; P.L. 2002, ch. 292, § 22.