166 chapters · 2,034 sections in this title.
R.I. Gen. Laws § 27-35-1. Definitions
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As used in this chapter: (1) “Affiliate.” An “affiliate” of, or person “affiliated” with, a specific person, is a person that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, the person specified. An “affi…
R.I. Gen. Laws § 27-35-1.5. Subsidiaries of insurer
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(a) Authorization. A domestic insurer, either by itself or in cooperation with one or more persons, may organize or acquire one or more subsidiaries. The subsidiaries may conduct any kind of business or businesses and their authority to do so shall not be limited by reason of the…
R.I. Gen. Laws § 27-35-10. Receivership
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Whenever it appears to the commissioner that any person has committed a violation of this chapter which impairs the financial condition of a domestic insurer as to threaten insolvency or make the further transaction of business by it hazardous to its policyholders, creditors, sha…
R.I. Gen. Laws § 27-35-10.5. Recovery
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(a) If an order for liquidation or rehabilitation of a domestic insurer has been entered, the receiver appointed under the order shall have a right to recover on behalf of the insurer, (i) From any parent corporation or holding company or person or affiliate who otherwise control…