2009 Rhode Island Code
Title 27 - Insurance
CHAPTER 27-17 - Reciprocal Exchanges and Interinsurers
§ 27-17-22 - Maximum liability on policy.
SECTION 27-17-22
§ 27-17-22 Maximum liability on policy. – No reciprocal exchange or interinsurer shall issue or deliver any policy insuring property or interests in this state, the liability on which shall exceed an amount equivalent to ten percent (10%) of its surplus, unless the excess of liability over the ten percent (10%) is reinsured in a company which maintains financial standards at least equal to those required by the laws of this state.
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