{"data":{"id":"us-ri/r.i.-gen.-laws-27-14.3-21","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 27-14.3-21","heading":"Grounds for liquidation.","body":"The commissioner may petition the superior court for the county of Providence for an order directing the commissioner to liquidate a domestic insurer or an alien insurer domiciled in this state on the basis:\n(1) Of any ground for an order of rehabilitation as specified in § 27-14.3-16, whether or not there has been a prior order directing the rehabilitation of the insurer;\n(2) That the insurer is insolvent; or\n(3) That the insurer is in a condition that would make the further transaction of business hazardous, financially or otherwise, to its policyholders, its creditors, or the public.","path":["Title 27 Insurance","Chapter 14.3 Insurers’ Rehabilitation and Liquidation Act"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE27/27-14.3/27-14.3-21.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:57:28Z","sha256":"6a21037ec66741288da6692cecb36b1f0003b8b4921f42a9ee334aa1d52a8d6f","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-27-14.3-20","next":"us-ri/r.i.-gen.-laws-27-14.3-22"},"notice":"GroundRules: Original legal text. Not legal advice."}