Rhode Island § 27-71-2 - Market Conduct Surveillance Act
Full text of Rhode Island Rhode Island General Laws § 27-71-2 — Market Conduct Surveillance Act, with citation guidance and answers to common questions.
§ 27-71-2. Market Conduct Surveillance Act
R.I. Gen. Laws § 27-71-2
§ 27-71-2. Purpose — Legislative intent.
(a) The purpose of this chapter is to establish a framework for insurance market conduct actions, including:
(1) Processes and systems for identifying, assessing, and prioritizing market conduct problems that have an adverse impact on consumers, policyholders, and claimants;
(2) Market conduct actions by a commissioner to substantiate such market conduct problems and a means to remedy market conduct problems; and
(3) Procedures to communicate and coordinate market conduct actions among states to foster the most efficient and effective use of resources.
(b) This chapter does not apply to entities regulated by the office of health insurance commissioner under chapter 14.5 of title 42 (“The Rhode Island Healthcare Reform Act of 2004 — Health Insurance Oversight”) or any insurer licensed only in the state of Rhode Island.
History of Section.
P.L. 2008, ch. 72, § 1; P.L. 2008, ch. 233, § 1.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 27-71-2
What does Rhode Island General Laws § 27-71-2 cover?
Section 27-71-2 ("Market Conduct Surveillance 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 § 27-71-2?
A common citation format is "Rhode Island General Laws § 27-71-2" (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 § 27-71-2 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.