R.I. Gen. Laws § 27-59-3

Current through 2024 Public Law 457

Section 27-59-3 - Approval of the commissioner

The commissioner in determining whether to approve an alien insurance company may consider:

(1) Maintenance of an appropriate trust account, surplus account, or other financial mechanisms in this state;

(2) Maintenance of all books and records of the United States operations in this state;

(3) Maintenance of a separate financial reporting system for its United States operations; and

(4) Any other provisions deemed necessary by the insurance commissioner.

R.I. Gen. Laws § 27-59-3

P.L. 1997, ch. 67, § 1.