R.I. Gen. Laws § 27-5-13: Mutual membership not acquired by reinsurance.
Where this section sits in the code
- Title 27 Insurance
- Chapter 5 Fire Insurance Policies and Reserves
Any mutual company of this or any other state ceding reinsurance to a similar company shall not, unless the contract of reinsurance provides, become a member of the company accepting the reinsurance, or be entitled to any dividend or expiration return of premium or of unabsorbed premium deposit, or be subject to liability to assessment.
Collected 2026-09-05T19:57:23Z. Source file · JSON