§ 27-2-15. Provisions against actions in state courts.
If any foreign insurance company, of any name, kind, or description, authorized to do business in this state shall provide in its charter or bylaws, or in the policies or contracts of insurance issued by it, that no action shall be brought against the company in any court of competent jurisdiction within this state, the insurance commissioner shall revoke all licenses and certificates of authority granted to it or to its insurance producers to do business in this state.
History of Section.G.L. 1896, ch. 182, § 5; G.L. 1909, ch. 220, § 5; G.L. 1923, ch. 256, § 5; G.L. 1938, ch. 151, § 5; impl. am. P.L. 1953, ch. 3174, § 5; G.L. 1956, § 27-2-15.
Structure Rhode Island General Laws
Chapter 27-2 - Foreign Insurance Companies
Section 27-2-1. - Compliance by foreign insurance companies required.
Section 27-2-1.1. - Telephone number — Toll free or collect.
Section 27-2-2. - Applicability.
Section 27-2-3. - Reciprocal privileges of nonresident insurance producers.
Section 27-2-4. - Penalty for unlawful business.
Section 27-2-5. - Minimum capital and surplus requirements — Maximum amount of single risk.
Section 27-2-6. - Certificate of deposit for benefit of policyholders.
Section 27-2-6.1. - Special deposit for benefit of policyholders.
Section 27-2-7. - Charter to be filed.
Section 27-2-8. - Statement as to type of company, investments, and risks.
Section 27-2-9. - Statement as to capital, assets, and investments.
Section 27-2-10. - Filing of accident and health policy forms.
Section 27-2-11. - License required — Expiration date.
Section 27-2-12. - Review of refusal to issue or renew license.
Section 27-2-13. - Commissioner as attorney to receive process.
Section 27-2-14. - Forwarding of process by commissioner.
Section 27-2-15. - Provisions against actions in state courts.
Section 27-2-16. - Filing fees — Certificates of compliance.
Section 27-2-17. - Reciprocal fees and charges.
Section 27-2-18. - Life insurance companies’ offices.
Section 27-2-19. - Inquiries as to financial condition.
Section 27-2-21. - Report and prosecution of violations.
Section 27-2-22. - Companies owned or controlled in whole or in part by foreign state or government.
Section 27-2-23. - Discrimination in rates prohibited.
Section 27-2-24. - Revocation or suspension of license of foreign company.
Section 27-2-25. - Notice of revocation or suspension of license.
Section 27-2-26. - Business prohibited during suspension or revocation.