Rhode Island General Laws
Chapter 27-66 - The Health Insurance Conversions Act
Section 27-66-16. - Powers and duties of the board.

§ 27-66-16. Powers and duties of the board.
The board is vested with full power, authority, and jurisdiction over the foundation and may perform all acts necessary or convenient in the exercise of any power, authority, or jurisdiction over the foundation; including the power to intervene in any cy pres proceeding involving the transfer of proceeds from health care conversion in order to seek their transfer to the foundation, or as an amicus curiae.
History of Section.P.L. 1999, ch. 215, § 1; P.L. 1999, ch. 376, § 1.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 27 - Insurance

Chapter 27-66 - The Health Insurance Conversions Act

Section 27-66-1. - Short title.

Section 27-66-2. - Findings.

Section 27-66-3. - Applicability.

Section 27-66-4. - Definitions.

Section 27-66-5. - Prior approval required — Department of business regulation.

Section 27-66-6. - Initial application — Conversions.

Section 27-66-7. - Review process and review criteria by department of attorney general — Conversions.

Section 27-66-7.1. - Certain financial incentives prohibited.

Section 27-66-8. - Review process and review criteria by department of business regulation for conversions.

Section 27-66-9. - Reports, use of experts, costs.

Section 27-66-10. - Investigation — Notice to attend — Court order to appear — Contempt.

Section 27-66-11. - Perjury.

Section 27-66-12. - Licensing fees.

Section 27-66-13. - Concurrent approval — License.

Section 27-66-14. - No derogation of attorney general.

Section 27-66-15. - Distribution of proceeds from acquisition — Selection and establishment of an independent foundation.

Section 27-66-16. - Powers and duties of the board.

Section 27-66-17. - Personal liability excluded.

Section 27-66-18. - Implementation.

Section 27-66-19. - Annual report.

Section 27-66-20. - General powers and limitations.

Section 27-66-21. - Failure to comply — Penalties.

Section 27-66-22. - Powers of the department of business regulation.

Section 27-66-23. - Determination of confidentiality by the department of business regulation.

Section 27-66-24. - Exceptions — Rehabilitation, liquidation or conservation.

Section 27-66-25. - Applicability.

Section 27-66-26. - Conflict of law.

Section 27-66-27. - Severability.