™Your Policy Risk Impact Agent
166 chapters · 2,034 sections in this title.
R.I. Gen. Laws § 27-43-1. Definitions
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As used in this chapter, unless the context requires otherwise: (1) “Affiliated company” means any corporation controlled by or an affiliate of a parent, an industrial insured, or a member organization by virtue of common ownership, control, operation, or management. (2) “Associa…
R.I. Gen. Laws § 27-43-10. Rules and regulations
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The commissioner may establish and amend the rules relating to captive insurance companies that are necessary to enable the commissioner to carry out the provisions of this chapter.
R.I. Gen. Laws § 27-43-11. Laws applicable
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No provisions of this title, other than those contained in this chapter or contained in specific references contained in this chapter, shall apply to captive insurance companies. Insofar as the provisions of this chapter are inconsistent with the provisions of any other law, gene…
R.I. Gen. Laws § 27-43-12. Limitations on dividends
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(a) An “extraordinary dividend or distribution” is defined as cash or other property whose fair market value together with other dividends or distributions made within the preceding twelve (12) months exceeds the lesser of: (1) Ten percent (10%) of the captive insurance company’s…
