§ 27-14.1-7. Administrative election of proceedings.
Nothing contained in this chapter shall preclude the commissioner from initiating judicial proceedings to place an insurer in conservation, rehabilitation, or liquidation proceedings or other delinquency proceedings, however designated under the laws of this state, regardless of whether the commissioner has previously initiated administrative supervision proceedings under this chapter against the insurer.
History of Section.P.L. 1991, ch. 348, § 1.
Structure Rhode Island General Laws
Chapter 27-14.1 - Administrative Supervision
Section 27-14.1-1. - Definitions.
Section 27-14.1-2. - Applicability.
Section 27-14.1-4. - Confidentiality of certain proceedings and records.
Section 27-14.1-5. - Prohibited acts during period of supervision.
Section 27-14.1-6. - Review and stay of action.
Section 27-14.1-7. - Administrative election of proceedings.
Section 27-14.1-9. - Other laws — Conflicts — Meetings between the commissioner and the supervisor.