Rhode Island § 27-8-3 § 27-8-3. Reciprocal powers of foreign companies.

Rhode Island Statutes

§ 27-8-3 — § 27-8-3. Reciprocal powers of foreign companies.

Rhode Island § 27-8-3

Title 27Insurance

Ch. 27-8Casualty Insurance Generally

This text of Rhode Island § 27-8-3 (§ 27-8-3. Reciprocal powers of foreign companies.) 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 § 27-8-3 (2026).

Text

§ 27-8-3. Reciprocal powers of foreign companies.
Any insurance company of another state or country authorized to transact the business
            of fire or marine insurance, or both, in this state may, if, by the provisions of
            its charter or act of incorporation or articles of association, it has the power,
            and if similar companies of this state may transact the classes of insurance enumerated
            in § 27-8-1 and this section in the state or country of that company's domicile, be authorized
            by the insurance commissioner to transact in this state the like classes of insurance.
         

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§ 27-8-3. Reciprocal powers of foreign companies.

Any insurance company of another state or country authorized to transact the business of fire or marine insurance, or both, in this state may, if, by the provisions of its charter or act of incorporation or articles of association, it has the power, and if similar companies of this state may transact the classes of insurance enumerated in § 27-8-1 and this section in the state or country of that company's domicile, be authorized by the insurance commissioner to transact in this state the like classes of insurance.