§ 45-47-2 — § 45-47-2. Certificate required for payment of claim.
This text of Rhode Island § 45-47-2 (§ 45-47-2. Certificate required for payment of claim.) 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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§ 45-47-2. Certificate required for payment of claim.
(a) No insurance company shall pay any claim for more than ten thousand dollars ($10,000), as may be adjusted yearly for inflation by the insurance department, for damages arising out of a claim under an insurance policy caused by fire or explosion, without having first obtained from the insured a certificate stating:
(1) That no lien, as defined in § 45-47-1, in favor of the taxing jurisdiction exists, or
(2) The amount of any lien.
(b) The certificate shall be in the form and fro
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Rhode Island § 45-47-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/45-47-2.