There is a newer version of the Rhode Island General Laws
2012 Rhode Island General Laws
Title 27 - Insurance
Chapter 27-11.1 - Investments by Domestic Insurance Companies
Chapter 27-11.1-2 - Maximum investments in mortgage loans.
RI Gen L § 27-11.1-2 (2012) What's This?
§ 27-11.1-2 Maximum investments in mortgage loans. – A domestic insurance company may invest in mortgage loans; provided, that any mortgage loan or loans made or acquired by the domestic insurer on any one or all properties shall not exceed in the aggregate ten percent (10%) of its admitted assets.
History of Section.
(P.L. 1984, ch. 170, § 1.)
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