Rhode Island § 27-59-2 § 27-59-2. Licensing authority.

Rhode Island Statutes

§ 27-59-2 — § 27-59-2. Licensing authority.

Rhode Island·Title 27 Insurance·Ch. 27-59 Alien Insurance Companies

§ 27-59-2. Licensing authority.
Any alien insurance company, with the approval of the commissioner, may be treated,
            in whole or in part, as a domestic insurer of this state; provided, that:
         
(1) The alien insurance company appoints a resident registered agent to accept service
            of process and to act on its behalf in this state. Whenever the registered agent cannot
            with reasonable diligence be found at the registered office of the alien insurance
            company, the commissioner shall be an agent of the alien insurance company on which
            any process, notice, or demand may be served; and
         
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§ 27-59-2. Licensing authority.

Any alien insurance company, with the approval of the commissioner, may be treated, in whole or in part, as a domestic insurer of this state; provided, that:

(1) The alien insurance company appoints a resident registered agent to accept service of process and to act on its behalf in this state. Whenever the registered agent cannot with reasonable diligence be found at the registered office of the alien insurance company, the commissioner shall be an agent of the alien insurance company on which any process, notice, or demand may be served; and

(2) The alien insurance company obtains from the commissioner a license authorizing it to do insurance business in the state.

Rhode Island § 27-59-2 (§ 27-59-2. Licensing authority.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.