§ 27-16-10. Security or certificate required before defensive pleadings.
Before any unauthorized foreign or alien insurer shall file or cause to be filed any pleading in any action, suit, or proceeding instituted against it, the unauthorized insurer shall deposit with the clerk of the court in which the action, suit, or proceeding is pending, cash or securities, or file with the clerk a bond with good and sufficient sureties, to be approved by the court, in an amount to be fixed by the court sufficient to secure the payment of any final judgment which may be rendered in the action, or procure a certificate of authority to transact the business of insurance in this state.
History of Section.P.L. 1956, ch. 3725, § 3; G.L. 1956, § 27-16-10.
Structure Rhode Island General Laws
Chapter 27-16 - Unauthorized Insurance Business
Section 27-16-1. - [Transferred.]
Section 27-16-1.1. - Purpose of §§ 27-16-1.1 — 27-16-2.6 — Suits by states.
Section 27-16-1.2. - Certificate of compliance — Exceptions.
Section 27-16-1.3. - Restraining order.
Section 27-16-1.4. - Secretary of state as agent for service of process.
Section 27-16-1.5. - Requirements before defensive pleadings.
Section 27-16-2. - [Transferred.]
Section 27-16-2.1. - Enforcement of orders.
Section 27-16-2.3. - Short title.
Section 27-16-2.4. - Severability.
Section 27-16-2.5. - Exemption for Automobile club service.
Section 27-16-3. - Short title.
Section 27-16-4. - Purpose of process provisions.
Section 27-16-5. - Acts constituting appointment of attorney to receive process.
Section 27-16-6. - Service of process on commissioner.
Section 27-16-7. - Service of process on agent or insurance producer.
Section 27-16-8. - Time allowed before default judgment.
Section 27-16-9. - Other methods of service preserved.
Section 27-16-10. - Security or certificate required before defensive pleadings.
Section 27-16-11. - Defensive motions as to jurisdiction.
Section 27-16-12. - Discretionary postponement of proceedings.