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166 chapters · 2,034 sections in this title.
R.I. Gen. Laws § 27-32-1. Separate accounts authorized
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(a) Any domestic life insurance company may establish one or more separate accounts, and may allocate to the account or accounts any amounts paid to it that are to be applied under the terms of an individual or group contract or agreement to provide annuity or life insurance bene…
R.I. Gen. Laws § 27-32-2. Investments of accounts
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The amounts allocated to each account and accumulations on the account may be invested and reinvested in any class of investments that may be authorized in the agreement without regard to any requirements or limitations prescribed by the laws of this state governing the investmen…
R.I. Gen. Laws § 27-32-3. Gains or losses allocated to each account
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The income, if any, and gains and losses, realized or unrealized on each account shall be credited to or charged against the amounts allocated to the account in accordance with the agreement, without regard to other income, gains, or losses of the company.
R.I. Gen. Laws § 27-32-4. Valuation of accounts
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Assets allocated to a separate account shall be valued at their market value on the date of valuation, or if there is no readily available market, then in accordance with the terms of the applicable written agreement; provided, that the portion of the assets of a separate account…
