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

§ 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.

Rhode Island § 27-59-3 (§ 27-59-3. Approval of the commissioner.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.