Rhode Island § 42-7.4-5 § 42-7.4-5. Setoff for delinquent payment.

Rhode Island Statutes

§ 42-7.4-5 — § 42-7.4-5. Setoff for delinquent payment.

Rhode Island § 42-7.4-5

Title 42State Affairs and Government

Ch. 42-7.4The Healthcare Services Funding Plan Act

This text of Rhode Island § 42-7.4-5 (§ 42-7.4-5. Setoff for delinquent payment.) 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 § 42-7.4-5 (2026).

Text

§ 42-7.4-5. Setoff for delinquent payment.
If an insurer required to make the contribution pursuant to this chapter shall fail
            to pay a contribution within thirty (30) days of its due date, the secretary may request
            any agency of state government making payments to the insurer to setoff the amount
            of the delinquency against any payment or amount due the insurer from the agency of
            state government and remit the sum to the secretary. Upon receipt of the setoff request
            from the secretary, any agency of state government is authorized and empowered to
            setoff the amount of the delinquency against any payment or amounts due the insurer.
            The amo

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§ 42-7.4-5. Setoff for delinquent payment.

If an insurer required to make the contribution pursuant to this chapter shall fail to pay a contribution within thirty (30) days of its due date, the secretary may request any agency of state government making payments to the insurer to setoff the amount of the delinquency against any payment or amount due the insurer from the agency of state government and remit the sum to the secretary. Upon receipt of the setoff request from the secretary, any agency of state government is authorized and empowered to setoff the amount of the delinquency against any payment or amounts due the insurer. The amount of setoff shall be credited against the contribution due from the insurer.