The commissioner shall promulgate rules and regulations establishing standards by which liabilities may be novated to a new or existing domestic insurer pursuant to an insurance business transfer plan.
R.I. Gen. Laws § 27-14.5-4.1., under Chapter 27-14.5 Voluntary Restructuring of Solvent Insurers.
R.I. Gen. Laws § 27-14.5-4.1.
The commissioner shall promulgate rules and regulations establishing standards by which liabilities may be novated to a new or existing domestic insurer pursuant to an insurance business transfer plan.