{"data":{"id":"us-ri/r.i.-gen.-laws-19-14.8-5","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 19-14.8-5","heading":"Application for registration — Form, fee and accompanying documents.","body":"(a) An application for registration as a provider must be in a form prescribed by the director.\n(b) Subject to adjustment of dollar amounts pursuant to § 19-14.8-32(f), an application for registration as a provider must be accompanied by:\n(1) The fee established by chapter 14 of this title;\n(2) The bond required by § 19-14.8-13;\n(3) Identification of all trust accounts required by § 19-14.8-22 and an irrevocable consent authorizing the director to review and examine the trust accounts;\n(4) Evidence of insurance in the amount of two hundred fifty thousand dollars ($250,000):\n(A) Against the risks of dishonesty, fraud, theft, and other misconduct on the part of the applicant or a director, employee, or agent of the applicant;\n(B) Issued by an insurance company authorized to do business in this state and rated at least “A” by a nationally recognized rating organization;\n(C) With a deductible of not more than ten thousand dollars ($10,000);\n(D) Payable to the applicant, the individuals who have agreements with the applicant, and this state, as their interests may appear; and\n(E) Not subject to cancellation by the applicant without the approval of the director;\n(5) If the applicant is a foreign corporation, proof that the applicant holds a certificate of authority to conduct affairs in this state, as required by chapter 6 of title 7; and\n(6) If the applicant is organized as a not-for-profit entity or is exempt from taxation, evidence of not-for-profit and tax-exempt status applicable to the applicant under the Internal Revenue Code, 26 U.S.C. § 501, as amended.","path":["Title 19 Financial Institutions","Chapter 14.8 Uniform Debt-Management Services Act"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE19/19-14.8/19-14.8-5.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:56:14Z","sha256":"3169eec473879d5bf17704c1e914606633579d40e2b5581ac4186ed010b065bd","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-19-14.8-4","next":"us-ri/r.i.-gen.-laws-19-14.8-6"},"notice":"GroundRules: Original legal text. Not legal advice."}