Rhode Island § 27-11-2 - Investment in Real Estate

Full text of Rhode Island Rhode Island General Laws § 27-11-2 — Investment in Real Estate, with citation guidance and answers to common questions.

§ 27-11-2. Investment in Real Estate

R.I. Gen. Laws § 27-11-2

§ 27-11-2. Power to erect, maintain, improve, and rent structures.

A life insurance company may use existing structures, may erect or cause to be erected new structures, may use any combination of existing structures and new structures, and may maintain, repair, alter, demolish, and reconstruct those structures. “Structures” as used in this section includes apartment or tenement buildings, dwelling houses, and buildings or accommodations for retail stores, shops, offices, and other community services as the company may deem proper and suitable for the convenience of the tenants and occupants of those structures. The company may collect and receive rents or income from, and may manage, lease, mortgage, sell, and convey, the whole or any part of the property.

History of Section.
P.L. 1947, ch. 1866, § 1; G.L. 1956, § 27-11-2.

Source: official Rhode Island text · Last verified 2026-08-27

Frequently Asked Questions About Rhode Island § 27-11-2

What does Rhode Island General Laws § 27-11-2 cover?

Section 27-11-2 ("Investment in Real Estate") is part of the Rhode Island General Laws, the codified statutory law of Rhode Island. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Rhode Island § 27-11-2?

A common citation format is "Rhode Island General Laws § 27-11-2" (Rhode Island). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Rhode Island law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Rhode Island official source linked on this page or consult a licensed Rhode Island attorney.

How does Rhode Island § 27-11-2 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Rhode Island can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Rhode Island.