Rhode Island § 27-17-13 - Reciprocal Exchanges and Interinsurers
Full text of Rhode Island Rhode Island General Laws § 27-17-13 — Reciprocal Exchanges and Interinsurers, with citation guidance and answers to common questions.
§ 27-17-13. Reciprocal Exchanges and Interinsurers
R.I. Gen. Laws § 27-17-13
§ 27-17-13. Certificate of deposit by foreign exchange or interinsurer.
A foreign reciprocal exchange or interinsurer shall, before being authorized to do business in this state, furnish to the commissioner a certificate issued by a state treasurer or other state financial officer of the state where its principal place of business is located, that there has been deposited with him or her either in cash or securities the sum of one hundred thousand dollars ($100,000) for the benefit of all policyholders.
History of Section.
P.L. 1952, ch. 3003, § 7; G.L. 1956, § 27-17-13.
Frequently Asked Questions About Rhode Island § 27-17-13
What does Rhode Island General Laws § 27-17-13 cover?
Section 27-17-13 ("Reciprocal Exchanges and Interinsurers") 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 § 27-17-13?
A common citation format is "Rhode Island General Laws § 27-17-13" (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 § 27-17-13 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.