§ 27-2-4. Penalty for unlawful business.
Any company, officer, or insurance producer violating any of the provisions of § 27-2-3 shall be punished by a fine of not less than one hundred dollars ($100) nor more than five hundred dollars ($500) for each offense.
History of Section.G.L. 1896, ch. 182, § 7; G.L. 1909, ch. 220, § 7; G.L. 1923, ch. 256, § 7; G.L. 1938, ch. 151, § 7; G.L. 1956, § 27-2-4.
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.