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Rhode Island · Through site files published 2025-08-13 · Newer source version available

R.I. Gen. Laws § 27-14.4-6: Director as ancillary receiver.

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Where this section sits in the code
  1. Title 27 Insurance
  2. Chapter 14.4 Uniform Insurers Liquidation Act

Whenever under the laws of this state an ancillary receiver is to be appointed in delinquency proceedings for an insurer not domiciled in this state, the superior court shall appoint the director of business regulation as the ancillary receiver. The ancillary receiver shall file a petition in the court requesting appointment:

(1) If he or she finds that there are sufficient assets of the insurer located in this state to justify the appointment of an ancillary receiver; or

(2) If ten (10) or more persons resident in this state having claims against the insurer file a petition with the director of business regulation requesting the appointment of an ancillary receiver.

Collected 2026-09-05T19:57:28Z. Source file · JSON

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