§ 27-7-2.4 — § 27-7-2.4. Direct action against insurer upon filing for bankruptcy.
This text of Rhode Island § 27-7-2.4 (§ 27-7-2.4. Direct action against insurer upon filing for bankruptcy.) 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.
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§ 27-7-2.4. Direct action against insurer upon filing for bankruptcy.
Any person, having a claim because of damages of any kind caused by the tort of any other person, may file a complaint directly against the liability insurer of the alleged tortfeasor seeking compensation by way of a judgment for money damages whenever the alleged tortfeasor files for bankruptcy, involving a chapter 7 liquidation, a chapter 11 reorganization for the benefit of creditors, or a chapter 13 wage earner plan, provided that the complaining party shall not recover an amount in excess of the insurance coverage available for the tort complained of.
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Rhode Island § 27-7-2.4, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/27-7-2.4.