§ 27-58-12. Physical location of insurance activities.
The place of solicitation or sale of insurance by any financial institution shall be from an office physically separated from the banking activities of the institution. Physical separation shall not be defined as a separate building. The commissioner shall have the authority to promulgate rules and regulations to implement this section pursuant to § 27-58-4.
History of Section.P.L. 1996, ch. 325, § 1.
Structure Rhode Island General Laws
Chapter 27-58 - The Banking and Insurance Consumer Protection Act
Section 27-58-1. - Short title.
Section 27-58-3. - Definitions.
Section 27-58-4. - Authorization for implementing regulations.
Section 27-58-5. - Licensure requirement.
Section 27-58-6. - Anti-tying provisions.
Section 27-58-7. - Disclosures.
Section 27-58-8. - Sales force.
Section 27-58-9. - No discrimination against non-affiliated agents.
Section 27-58-10. - Confidential customer information.
Section 27-58-11. - Insurance in connection with a loan.
Section 27-58-12. - Physical location of insurance activities.