Rhode Island § 27-66-2 - The Health Insurance Conversions Act
Full text of Rhode Island Rhode Island General Laws § 27-66-2 — The Health Insurance Conversions Act, with citation guidance and answers to common questions.
§ 27-66-2. The Health Insurance Conversions Act
R.I. Gen. Laws § 27-66-2
§ 27-66-2. Findings.
The general assembly finds and declares that:
(1) Rhode Island has a proud history of health insurance companies including health insurance corporations, health maintenance organizations, nonprofit hospital service corporations, and nonprofit medical service corporations doing business in this state;
(2) Nationally and regionally, private investment is being made that results in the conversion of not-for-profit into for-profit health insurance corporations, health maintenance organizations, hospital service corporations, and medical service corporations;
(3) These health insurance organizations and corporations provide an important health insurance product in the community. There are concerns that for-profit health insurance organizations and corporations may engage in practices that affect the quality of the insurance coverage in the community as a whole and for more vulnerable members of society in particular;
(4) In order to protect public health and welfare, it is necessary to establish standards and procedures for health insurance organizations and corporation conversions.
History of Section.
P.L. 1999, ch. 215, § 1; P.L. 1999, ch. 376, § 1.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 27-66-2
What does Rhode Island General Laws § 27-66-2 cover?
Section 27-66-2 ("The Health Insurance Conversions Act") 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 § 27-66-2?
A common citation format is "Rhode Island General Laws § 27-66-2" (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 § 27-66-2 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.