Statutes, codes, and regulations
Rhode Island Administrative Code
Title 230 - Department of Business RegulationChapter 20 - InsuranceSubchapter 55 - Insurance Company Licensing
Part 2 - Alien Insurers Port of Entry (230-RICR-20-55-2)
Section 230-RICR-20-55-2.4 - Maintenance of Trust Account

230 R.I. Code R. 230-RICR-20-55-2.4

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Current through December 3, 2024
Section 230-RICR-20-55-2.4 - Maintenance of Trust Account

Trusteed Assets shall at all times be in an amount equal to the United States Branch's reserves and other liabilities plus the minimum capital and surplus or Authorized Control Level Risk Based Capital, whichever is greater, required to be maintained by a Domestic Insurer licensed to do the same kind(s) of insurance.

230 R.I. Code R. 230-RICR-20-55-2.4