§ 27-1-27. Severability.
If any provision of §§ 27-1-23 — 27-1-26, or the application of those sections to any person or circumstances is held invalid, the invalidity shall not affect other provisions or applications of §§ 27-1-23 — 27-1-26 which can be given effect without the invalid provision or application; to this end the provisions of §§ 27-1-23 — 27-1-26 are declared to be severable.
History of Section.P.L. 1955, ch. 3586, § 2; G.L. 1956, § 27-1-27.
Structure Rhode Island General Laws
Chapter 27-1 - Domestic Insurance Companies
Section 27-1-1. - Site of principal office and records.
Section 27-1-1.1. - Telephone number — Toll free or collect.
Section 27-1-2. - Special stockholders’ meetings — Notice — Quorum.
Section 27-1-2.1. - Corporate governance standards.
Section 27-1-3. - Stock assessments to meet deficits.
Section 27-1-4. - Power of companies to comply with tax and license laws not held invalid.
Section 27-1-5. - Deposits with general treasurer to comply with laws of other states.
Section 27-1-6. - Holding of deposits — Income — Replacement.
Section 27-1-7. - Certificate of deposits.
Section 27-1-8. - Return of deposit on termination of business.
Section 27-1-9. - Examinations to ascertain market value of securities deposited — Deficiencies.
Section 27-1-10. - State not liable for deposits.
Section 27-1-11. - Visitation and examination of insurance companies.
Section 27-1-12. - Summons of witnesses — Obstruction or refusal to testify.
Section 27-1-13. - Citation for forfeiture of charter for unsafe practices.
Section 27-1-14. - Decree of forfeiture — Receiver.
Section 27-1-15. - Collection and distribution of assets by receiver — Reinsurance.
Section 27-1-16. - Powers of receiver — Removal and control by court.
Section 27-1-16.1. - Sale by receiver of charter and licenses.
Section 27-1-16.2. - Court approved settlements.
Section 27-1-17. - Stay of executions and process against company.
Section 27-1-18. - Limited injunction without receivership.
Section 27-1-19. - Declaration of forfeiture.
Section 27-1-20. - Temporary injunction.
Section 27-1-21. - Failure to deliver property or records to receiver.
Section 27-1-22. - Assessments by receiver of mutual company.
Section 27-1-24. - Meetings to approve reorganization plan — Filing of approved plan.
Section 27-1-25. - Decree approving reorganization plan — Binding effect.
Section 27-1-26. - Principles for classification of creditors and stockholders.
Section 27-1-27. - Severability.
Section 27-1-29. - Reports of directors, officers, and principal shareholders.
Section 27-1-30. - Liability of directors, officers, and shareholders.
Section 27-1-31. - Prohibited sales of securities.
Section 27-1-32. - Exempted sales of dealers.
Section 27-1-33. - Exempted arbitrage transactions.
Section 27-1-34. - Definitions.
Section 27-1-35. - Companies not subject to securities regulations.
Section 27-1-36. - Regulations of “insider trading”.
Section 27-1-37. - Minimum capital and surplus requirement — Charters.
Section 27-1-38. - Acquisition of minority interests in subsidiary insurers.
Section 27-1-39. - Discrimination in rates prohibited.
Section 27-1-40. - Conversion to stock form of organization.
Section 27-1-40.1. - Mutual insurance holding companies.
Section 27-1-42. - Maximum amount of single risk.
Section 27-1-43. - Applicability.