Rhode Island § 27-5-28 § 27-5-28. Maximum single risk insured.

Rhode Island Statutes

§ 27-5-28 — § 27-5-28. Maximum single risk insured.

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

§ 27-5-28. Maximum single risk insured.
No company doing business under §§ 27-5-15 — 27-5-31 shall insure any larger amount upon any single risk than is permitted by law to a
            company possessing the same amount of capital irrespective of the fund provided for
            in this chapter.
         

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Legislative History

P.L. 1907, ch. 1438, § 9; G.L. 1909, ch. 219, § 34; P.L. 1919, ch. 1783, § 1; G.L. 1923, ch. 255, § 34; G.L. 1938, ch. 150, § 33; G.L. 1956, § 27-5-28.