§ 27-46-11. Administrative and procedural authority regarding risk retention groups and purchasing groups.
The commissioner is authorized to make use of any of the powers established under this title and any other pertinent section of law to enforce the laws of this state not specifically preempted by 15 U.S.C. § 3901 et seq., including the commissioner’s administrative authority to investigate, issue subpoena, conduct depositions and hearings, issue orders, impose penalties, and seek injunctive relief. With regard to any investigation, administrative proceedings, or litigation, the commissioner can rely on the procedural laws of this state. Any injunctive authority of the commissioner, in regard to risk retention groups, shall be restricted by the requirement that any injunction be issued by a court of competent jurisdiction.
History of Section.P.L. 1991, ch. 348, § 1.
Structure Rhode Island General Laws
Chapter 27-46 - Risk Retention Act
Section 27-46-2. - Definitions.
Section 27-46-3. - Risk retention groups chartered in this state.
Section 27-46-4. - Risk retention groups not chartered in this state.
Section 27-46-5. - Compulsory associations.
Section 27-46-6. - Countersignatures not required.
Section 27-46-7. - Purchasing groups — Exemption from certain laws.
Section 27-46-8. - Notice and registration requirements of purchasing groups.
Section 27-46-9. - Restrictions on insurance purchased by purchasing groups.
Section 27-46-10. - Purchasing group taxation.
Section 27-46-12. - Duty of agents or brokers or insurance producers to obtain license.
Section 27-46-13. - Binding effect of orders issued in U.S. district court.