{"data":{"id":"us-ri/r.i.-gen.-laws-27-6.1-1","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 27-6.1-1","heading":"Purpose.","body":"The purpose of this chapter is to:\n(1) Promote the public welfare by regulating lender-placed insurance on real property.\n(2) Create a legal framework within which lender-placed insurance on real property may be written in this state.\n(3) Help maintain the separation between lenders/servicers and insurers/insurance producers.\n(4) Minimize the possibilities of unfair competitive practices in the sale, placement, solicitation, and negotiation of lender-placed insurance.","path":["Title 27 Insurance","Chapter 6.1 Lender-Placed Insurance"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE27/27-6.1/27-6.1-1.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:57:24Z","sha256":"eb2782563e782d96ea831ea7961e5857ff24ef8c13177e3395a81577d725f1bb","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-27-6-53","next":"us-ri/r.i.-gen.-laws-27-6.1-2"},"notice":"GroundRules: Original legal text. Not legal advice."}