Rhode Island § 27-59-3 § 27-59-3. Approval of the commissioner.

Rhode Island Statutes

§ 27-59-3 — § 27-59-3. Approval of the commissioner.

Rhode Island § 27-59-3

Title 27Insurance

Ch. 27-59Alien Insurance Companies

This text of Rhode Island § 27-59-3 (§ 27-59-3. Approval of the commissioner.) 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 § 27-59-3 (2026).

Text

§ 27-59-3. Approval of the commissioner.
The commissioner in determining whether to approve an alien insurance company may
            consider:
         
(1) Maintenance of an appropriate trust account, surplus account, or other financial mechanisms
            in this state;
         
(2) Maintenance of all books and records of the United States operations in this state;
         
(3) Maintenance of a separate financial reporting system for its United States operations;
            and
         
(4) Any other provisions deemed necessary by the insurance commissione

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§ 27-59-3. Approval of the commissioner.

The commissioner in determining whether to approve an alien insurance company may consider:

(1) Maintenance of an appropriate trust account, surplus account, or other financial mechanisms in this state;

(2) Maintenance of all books and records of the United States operations in this state;

(3) Maintenance of a separate financial reporting system for its United States operations; and

(4) Any other provisions deemed necessary by the insurance commissioner.