2012 Rhode Island General Laws
Title 27 - Insurance
Chapter 27-5 - Fire Insurance Policies and Reserves
Chapter 27-5-15 - Power to create guaranty surplus and special reserve funds.


RI Gen L § 27-5-15 (2012) What's This?

§ 27-5-15 Power to create guaranty surplus and special reserve funds. – Any insurance company organized under the laws of this state authorized to transact a fire insurance business may create the funds provided for in §§ 27-5-16 – 27-5-31, to be known and designated as the guaranty surplus fund and the special reserve fund, and may avail itself of the provisions of this section and §§ 27-5-16 – 27-5-31, upon complying with the requirements of those sections.

History of Section.
(P.L. 1907, ch. 1438, § 1; G.L. 1909, ch. 219, § 26; G.L. 1923, ch. 255, § 26; G.L. 1938, ch. 150, § 25; G.L. 1956, § 27-5-15; P.L. 2002, ch. 292, § 22.)

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