§ 27-14.5-4.1. Insurance business transfer plans.
The commissioner shall promulgate rules and regulations establishing standards by which liabilities may be novated to a new or existing domestic insurer pursuant to an Insurance Business Transfer Plan.
History of Section.P.L. 2018, ch. 218, § 2; P.L. 2018, ch. 290, § 2.
Structure Rhode Island General Laws
Chapter 27-14.5 - Voluntary Restructuring of Solvent Insurers
Section 27-14.5-1. - Definitions.
Section 27-14.5-2. - Jurisdiction, venue, and court orders.
Section 27-14.5-4. - Commutation plans.
Section 27-14.5-4.1. - Insurance business transfer plans.
Section 27-14.5-5. - Taxes, fees, assessments, pools, and regulatory and supervision fund.