§ 27-66-9. Reports, use of experts, costs.
The department of business regulation and/or the department of the attorney general may, in effectuating the purposes of this chapter engage experts or consultants including, but not limited to, actuaries, investment bankers, accountants, attorneys, or industry analysts. All copies of reports prepared by experts and consultants, and costs associated with them, shall be made available to the transacting parties and to the public. All costs incurred under this provision shall be the responsibility of one or more transacting parties in an amount to be determined by the director as he or she deems appropriate. No application for a conversion made pursuant to the requirements of this chapter shall be considered complete unless an agreement has been executed with the director for the payment of costs in accordance with this section.
History of Section.P.L. 1999, ch. 215, § 1; P.L. 1999, ch. 376, § 1.
Structure Rhode Island General Laws
Chapter 27-66 - The Health Insurance Conversions Act
Section 27-66-1. - Short title.
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 27-66-7.1. - Certain financial incentives prohibited.
Section 27-66-9. - Reports, use of experts, costs.
Section 27-66-10. - Investigation — Notice to attend — Court order to appear — Contempt.
Section 27-66-12. - Licensing fees.
Section 27-66-13. - Concurrent approval — License.
Section 27-66-14. - No derogation of attorney general.
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.